AFH Wealth Management adds £750m in FUM with Avidity acquisition

Bought St Albans-based Avidity WM

Sahar Nazir
clock • 1 min read

AFH Wealth Management (AFH) has acquired St Albans-based firm Avidity Wealth Management (Avidity), adding £750m in funds under management (FUM).

The deal means that Avidity will be rebranded as AFH Wealth Management St Albans, further developing AFH's presence in the South East. The team will integrate with AFH immediately, rather than becoming a subsidiary of the Bromsgrove-based wealth management firm. AFH, which was founded in 1990 in Worcestershire, has acquired 139 firms over the last two decades. Avidity was founded in 2010 and focuses on holistic financial planning services to both individual and corporate clients. The firm advises on investments, pensions, tax planning, and protection advice, with more than £750m in...

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