Titan Wealth has acquired AHR Group, a financial planning and wealth management firm headquartered in Dubai.
AHR currently has $2bn of assets under advice and management on behalf of its clients and employs over 150 professionals in seven locations across six jurisdictions.
Founded in 2020 by Daniel Dickinson, Tyla Philips, William Burrows, Asad Sheikh, Marc Beattie and Daniel Waterman, AHR provides bespoke wealth management and cross-border financial advice, primarily serving expatriates. It also has offices in Mauritius, Malaysia, Cyprus, the UK, and Australia.
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Upon completion of the acquisition AHR will be rebranded as Titan Wealth International.
The acquisition is Titan Wealth’s first international deal following a string of UK deals. It has recently acquired firms including wealth manager Wigmore Associates, research firm Square Mile, Ravenscroft’s UK investment management arm and advice firm Telford Mann Group.
The deal comes as Titan is engaged in a dispute with Tavistock Investments after their multi-asset partnership imploded earlier this month.
Andrew Fearon (pictured), joint group CEO and head of M&A at Titan Wealth, 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.”
Daniel Dickinson, CEO at AHR, added: “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.”
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