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April 26, 2022

Avon investment management firm acquired by Fortis Capital Advisors

An Avon-based investment management company, Leonard Management Group, has been acquired by Fortis Capital Advisors, which is headquartered in Kansas City.

Fortis, a registered financial adviser, has been aggressively expanding its footprint in the United States, according to a news release. Earlier this month, it acquired New Jersey-based Next Horizon Advisors for $200 million.

Leonard Investment Management was established in 1980.

Fortis Capital provides investment advisory services, including discretionary and non-discretionary investment management and financial planning and consulting services.
 

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