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June 2, 2022

All Pro Capital picks stake in RIA Advenire Wealth

Real Estate Investment firm All Pro Capital has concluded its acquisition of an undisclosed stake in registered investment adviser (RIA) firm Advenire Wealth.

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Analyze opportunies within the wealth management market in APAC

GlobalData’s ‘Asia-Pacific Wealth Management: Market Sizing and Opportunities to 2026’ report provides a comprehensive overview of the Asia-Pacific (APAC) wealth management market.
  • The report analyzes the APAC wealth and retail savings and investments markets. This includes affluent market size, both by number of individuals and the value of their liquid assets.
  • The affluent population grew by 5.3% in 2021 and is expected to grow at an AAGR of 4.8% between 2022 and 2026.
  • The value of liquid assets held by the affluent segment surged by 8.4% in 2021, backed by economic recovery. HNW individuals’ financial wealth grew by 12%, while mass affluent individuals’ wealth grew by 6.0%.
  • The report provides an analysis of factors driving liquid asset growth. It is also split into asset classes - equities, mutual funds, deposits, and bonds.
  • The affluent population are more risk-tolerant and invest a significant proportion of their investments in risky assets such as equities, compared to emerging affluent and mass market individuals.
The report also provides data and insights on the size of offshore holding of HNW investors in the APAC region.
by GlobalData
Enter your details here to receive your free Report.

Financial terms of the deal were not revealed.

Advenire Wealth specialises in integrated wealth planning and investment solutions.

The deal will enable All Pro Capital to expand its capability to deliver enhanced value to its 650 clients across 11 states with the addition of Advenire Wealth’s suite of wealth management solutions.

These include services such as integrated wealth planning, open-architecture private and public investing access, and a boutique “multi-family office” level of service.

Advenire Wealth CEO Frank Vaughn said: “After understanding the areas in need of improvement in the wealth management space, we built Advenire Wealth to drive more value to clients and provide unique access to proactive planning advice, exclusive investment opportunities, and concierge services that extend across our clients’ lives.”

As part of the deal, All Pro Capital will support Advenire Wealth will expand its presence to key markets and fully support, locally, both companies’ clients.

The two companies will work to expand their presence across the US and scale up their local support for clients in the coming years.

All Pro Capital president and CEO Tony Bettis said: “With this partnership, the future is even brighter for the investors of these two successful firms. Having a complete offering of financial resources will only further expand the creation of wealth which All Pro Capital champions for its clients.”

Free Report
img

Analyze opportunies within the wealth management market in APAC

GlobalData’s ‘Asia-Pacific Wealth Management: Market Sizing and Opportunities to 2026’ report provides a comprehensive overview of the Asia-Pacific (APAC) wealth management market.
  • The report analyzes the APAC wealth and retail savings and investments markets. This includes affluent market size, both by number of individuals and the value of their liquid assets.
  • The affluent population grew by 5.3% in 2021 and is expected to grow at an AAGR of 4.8% between 2022 and 2026.
  • The value of liquid assets held by the affluent segment surged by 8.4% in 2021, backed by economic recovery. HNW individuals’ financial wealth grew by 12%, while mass affluent individuals’ wealth grew by 6.0%.
  • The report provides an analysis of factors driving liquid asset growth. It is also split into asset classes - equities, mutual funds, deposits, and bonds.
  • The affluent population are more risk-tolerant and invest a significant proportion of their investments in risky assets such as equities, compared to emerging affluent and mass market individuals.
The report also provides data and insights on the size of offshore holding of HNW investors in the APAC region.
by GlobalData
Enter your details here to receive your free Report.

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