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...
To continue reading this article...
Join Professional Adviser for free
- Unlimited access to real-time news, industry insights and market intelligence
- Stay ahead of the curve with spotlights on emerging trends and technologies
- Receive breaking news stories straight to your inbox in the daily newsletters
- Make smart business decisions with the latest developments in regulation, investing retirement and protection
- Members-only access to the editor’s weekly Friday commentary
- Be the first to hear about our events and awards programmes