With merger, wealth management firm nears $900M in assets

PUNTA GORDA — Flaharty Asset Management, based in Clearwater, has merged with AWA Investment Advisors — creating a wealth management firm with nearly $900 million in assets under management. Terms of the deal weren’t disclosed.

Punta Gorda-based AWA Investment Advisors, with about $250 million in assets under management and six employees, will be merged into Flaharty Asset Management, with an investment portfolio of about $580 Million and 13 employees. Combined, the two firms will move forward under the Flaharty Asset Management brand, according to a statement.