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The Australian Wealth Advisory Group ("AWAG") was founded in Melbourne in 2021 by a group of experienced financial market professionals as a holding company with the primary goal of acquiring and growing profitable, complementary Australian financial services businesses.
To date, AWAG has made two acquisitions, CHPW Financial Pty Ltd (ACN 110 598 368) ("CHPW") and Armytage Private Pty Ltd (ACN 079 960 419) ("ARMY").
CHPW holds an Australian Financial Services Licence ("AFSL") and has 27 authorised representatives, offering a wide range of financial planning services to clients.
ARMY is an investment and funds management business and manages over $300 million on behalf of retail and wholesale clients. ARMY operates managed funds and provides Individually Managed Accounts ("IMAs") and Separately Managed Accounts ("SMAs") to retail and wholesale clients.
AWAG’s investment strategy is to acquire and build a portfolio of profitable businesses in the financial services sector that are broadly aligned with its existing businesses.
AWAG intends to grow CHPW organically, and acquire further small-to-medium AFSL holder groups of up to 100 authorised representatives, to build size and scale in its financial planning business.
AWAG intends to grow ARMY organically as well as seek to acquire financial organisations offering new technology and systems-based enhancements for the funds management sector, but also broadly applicable for the financial planning segment.
It is anticipated that WAG will list on the ASX during December 2023.
www.awag.au
To date, AWAG has made two acquisitions, CHPW Financial Pty Ltd (ACN 110 598 368) ("CHPW") and Armytage Private Pty Ltd (ACN 079 960 419) ("ARMY").
CHPW holds an Australian Financial Services Licence ("AFSL") and has 27 authorised representatives, offering a wide range of financial planning services to clients.
ARMY is an investment and funds management business and manages over $300 million on behalf of retail and wholesale clients. ARMY operates managed funds and provides Individually Managed Accounts ("IMAs") and Separately Managed Accounts ("SMAs") to retail and wholesale clients.
AWAG’s investment strategy is to acquire and build a portfolio of profitable businesses in the financial services sector that are broadly aligned with its existing businesses.
AWAG intends to grow CHPW organically, and acquire further small-to-medium AFSL holder groups of up to 100 authorised representatives, to build size and scale in its financial planning business.
AWAG intends to grow ARMY organically as well as seek to acquire financial organisations offering new technology and systems-based enhancements for the funds management sector, but also broadly applicable for the financial planning segment.
It is anticipated that WAG will list on the ASX during December 2023.
The Australian Wealth Advisors Group | investment
The Australian Wealth Advisors Group is a diversified financial services firm that specializes in investing in wealth advisory businesses to build a complete offering across the financial services sector. Our team of experienced professionals is dedicated to helping our businesses and more...
www.awag.au
