Titan Wealth acquires UAE-based wealth manager AHR Group

Financial advisory firm Titan Wealth acquired Dubai-based wealth manager AHRGroup for an undisclosed sum, the firm said in a press release. The acquisition — which will see AHR Group rebranded to Titan Wealth International — will boost Titan’s assets to over GBP 20 bn, once AHR’s USD 2 bn assets under management are integrated into Titan. Titan is owned by Parthenon Capital Partners, Hambleden Capital, and Ares Management.

About AHR: Established in 2020, AHR Group focuses on serving the expat community in Dubai. The firm’s offices span Mauritius, Malaysia, Cyprus, the UK, and Australia.

Titan’s expansion to the UAE is a “strategic” move into a market with “significant opportunities for growth,” Titan said. The firm is looking to boost its assets to GBP 100 bn, through both organic and inorganic growth, Group CEO Andrew Fearon told the Financial Times Advisor.

Meanwhile, AHR Group will benefit from Titan’s expertise and client base, the company’s CEO Daniel Dickinson said.