Two Florida RIAs Merge to Create Firm Approaching $1 Billion Flaharty Asset Management has merged with AWA Investment Advisors on its way to becoming a $1 billion firm.
Clearwater, Fla.-based Flaharty Asset Management, a wealth management firm with $580 million in client assets, has merged with another local firm, AWA Investment Advisors, in Punta Gorda, Fla., with about $250 million in client assets. The combined firm will operate as Flaharty Asset Management and will employ more than 19 staffers. It will use LPL for its brokerage business.
The move expands Flaharty’s footprint on the west coast of Florida, and brings it closer to being a $1 billion firm.