In order to do so, the IFA is planning to go on an acquisition trial in the lead up to Retail Distribution Review (RDR).
Gerald Davies, managing director of the firm, remarked that there are plenty of advisers, particularly those running smaller businesses that are facing challenges when the new rules come into force but that want to continue servicing clients after the RDR comes into force.
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Davies added that Kymin would seek to acquire such firms and retain the advisers while removing the burden of running the business itself.
Currently, Kymin has 10 IFAs and is hoping that it can raise this number to 40 through its acquisition drive targeting advisers based in south Wales and specifically Gwent, UK.
Further, the firm said that currently it is enjoying a record year in profit terms and is projecting 50% year-on-year growth in gross earnings, though the details on specific numbers were not revealed.
In 2011, Kymin had acquired the business of Hancock Life and Pensions, a long-established IFA based in Newport, Gwent.
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