In the case of Avalon Financial services, the investment has increased the group authorised representative number to over 80 nationally.  

Australian Wealth Advisors Group (AWAG) has “subscribed for new capital in Avalon along with acquiring existing shareholdings from retiring executives”.  

“The provision of new capital is to assist Avalon in its growth objectives,” the announcement said.  

A Sydney-based company founded in 2013, Avalon specialises in providing licensing solutions for wealth management advisers. Additionally, they provide practice solutions to its authorised representatives.  

“Avalon is a bespoke, boutique firm, focusing on leading edge operations and is financially…