Titan Wealth has bolstered its international financial planning capabilities and foothold in the Channel Islands with the purchase of financial advisory firm Advisa Wealth.
The acquisition currently awaits regulatory approval. Financial terms of the transaction remain undisclosed.
Headquartered in Jersey, Advisa Wealth provides an array of services such as investment advice, lifestyle planning, life protection, and corporate solutions.
The company, established in 1995, manages assets worth £525m ($655m).
Its management team and ten advisors will move to the Titan Wealth group.
The Advisa Wealth deal complements Titan’s acquisition of Ravenscroft International, a wealth manager operating in Jersey and Guernsey.
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These moves are part of Titan Wealth’s plan to deepen its presence and work towards managing £100bn ($124.7bn) in assets over the coming five years.
Advisa Wealth’s Trevor Griggs said: “Joining Titan Wealth provides us with the scale and resources to further enhance and develop our client services. We’re excited to collaborate with Titan’s extensive network and expertise to drive mutual success.”
Titan Wealth M&A head and Joint Group CEO Andrew Fearon said: “We’re thrilled to welcome Advisa Wealth into the Titan Wealth family. Their dedication to putting clients first aligns perfectly with our ethos.
“This partnership strengthens our position in the Channel Islands and opens exciting new opportunities for growth.”
Titan Wealth offers execution, custody, clearing, and wealth management services. It caters to a diverse clientele including small and medium-sized broker-dealers, proprietary traders, intermediaries, family offices, and wealth managers.
In July 2024, Titan Wealth acquired AHR Group, a wealth management firm based in Dubai, UAE.
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