UK-based Titan Wealth has acquired AHR Group, a financial planning and wealth management firm, for an undisclosed sum in a move to expand its global expansion.
Based in the UAE, AHR Group manages and advises $2bn of assets under advice and under management on behalf of its clients. The firm employs over 150 professionals across seven locations in six jurisdictions globally.
AHR Group, which was established in 2020, is engaged in wealth management and cross-border financial advice, with a focus on expatriates.
The firm operates in the UAE, Mauritius, Malaysia, Cyprus, the UK, and Australia, offering services including discretionary fund management, financial planning, tax planning, and estate planning.
Following the deal, AHR Group will be rebranded as Titan Wealth International.
AHR Group CEO Daniel Dickinson said: “Joining Titan Wealth is a natural progression for AHR. Our complementary strengths and shared commitment to service will enable us to offer an even richer array of solutions to our clients, ensuring their financial needs are met with excellence on a truly international level.”
Through the acquisition, Titan Wealth aims to develop a vertically integrated, client-centric financial services platform across multiple regions. The acquisition also marks Titan Wealth’s first international deal.
Titan Wealth’s assets under advice, management, and on-platform will exceed £20bn upon the completion of the deal.
The acquisition will also enhance Titan Wealth’s service offerings by integrating AHR Group’s expertise in expatriate financial needs.
It will also extend Titan Wealth’s presence into the UAE, providing a platform for growth and leveraging AHR Group’s established regional presence and client base.
Existing clients of Titan Wealth and AHR Group will get access to an expanded range of financial solutions with the same level of personalised service.
Titan Wealth aims to integrate its offerings to deliver seamless and high-quality financial services across multiple jurisdictions.
Titan Wealth joint group CEO and mergers and acquisition head Andrew Fearon said: “This acquisition is an exciting development for our clients, reflecting our dedication to delivering an integrated financial services offering on a global scale.
“We look forward to working closely with the talented team at AHR to build our proposition internationally, whilst helping them expand their services to both existing and future clients.”