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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