Aval
Aval is a Helsinki-based Finnish wealth management and professional services firm operating through Aval Oy (governance, tax, legal advisory) and Aval Wealth Management Oy (Finanssivalvonta-licensed investment services), serving high net worth individuals, families, foundations, and family-owned businesses.
- Company typePrivate
- Founded2006
- HeadquartersHelsinki, Finland
- Headcount11–50
- GTM typeB2C
- OfferingServices
What Aval does
Aval is a Helsinki-based Finnish wealth management and professional services firm founded in 2006, operating through two affiliated legal entities: Aval Oy, which provides governance, structures, tax, and legal advisory services, and Aval Wealth Management Oy, a Finnish Financial Supervisory Authority (Finanssivalvonta)-licensed investment services company. The firm delivers a "one-roof" comprehensive service model targeted at high net worth individuals and families, foundations, associations, institutions, and family-owned businesses across Finland. Its service portfolio spans tailored investment advisory, bespoke portfolio management, the proprietary Aval Manager Selection fund-of-managers service, private equity, private debt, real estate, structured products, ESG advisory, governance structuring, succession and generational transfer planning, international tax solutions, and legal services.
There is no proprietary technology platform; Aval operates as a traditional professional services firm delivering advice through personal client engagement. Service delivery is supported by a team of 11–50 professionals, including a CEO/Head of Wealth Management, Head of Operations, Head of Administration, Director of Wealth Management, Managing Director of Aval Oy, Senior Counsel, and Legal Counsel, plus disclosed domestic and international network contacts. Aval Wealth Management Oy holds an investment firm license from Finanssivalvonta that creates a regulatory entry barrier, and the firm is a signatory of the UN Principles for Responsible Investment (PRI).
The business model is engagement-based professional services fees, with pricing set per assignment based on work quantity and quality, task difficulty, and the value of the interest in question, plus direct expenses and VAT. Distribution is sales-led and relationship-driven, with services delivered through direct advisory relationships at the Helsinki offices (Eteläranta 6 A 8 and Eteläranta 6 A 9). Aval is privately owned with no disclosed external investors or funding rounds, operates exclusively in Finland, and maintains a trilingual website presence in Finnish, Swedish, and English.
Aval firmographics
Firmographics- Name
- Aval
- Legal name
- Aval Oy
- Website
- https://aval.fi
- Company type
- Private
- Founded year
- 2006
- Operating status
- Operating
- Headcount range
- 11–50 employees
- Short description
- Aval is a Helsinki-based Finnish wealth management and professional services firm operating through Aval Oy (governance, tax, legal advisory) and Aval Wealth Management Oy (Finanssivalvonta-licensed investment services), serving high net worth individuals, families, foundations, and family-owned businesses.
- Ownership category
- akta.pro rank
Aval industry classification
Industry- Product category
- Private Wealth Management
- NAICS
- Portfolio Management and Investment Advice (52394)
- SIC
- Investment Advice (6282), Services-Engineering, Accounting, Research, Management (8700)
- akta.pro primary industry
- Registered Investment Advisor (RIA) Wealth Management (FSAEABAA)
- akta.pro secondary industries
- Family Office Advisory & Outsourced CIO (OCIO) (FSAAADAC), Institutional Consulting RIAs (OCIO/Endowments/Foundations/Pensions) (FSAAACAG), Financial Reporting & Technical Accounting Advisory (GAAP/IFRS) (BPAHABAF)
Keywords
Where Aval is headquartered
LocationHeadquarters
- HQ city
- Helsinki
- HQ country
- Finland
- HQ region
- Europe
Offices2 records
Markets served
Aval business model
Business model- GTM type
- B2C
- Offering type
- Services
- Cost components
- Personnel, Operations, Marketing or Sales, Technology or R&D, Infrastructure
Revenue model
- Professional Services Fees: Fees are determined for each assignment according to the quantity and quality of work required. The degree of difficulty of the task and the value and significance of the interest in question are also taken into account. Direct expenses and applicable value added tax are added to the fee.
Pricing tiers
| Model | Billing | Price |
|---|---|---|
| Other | Multi-year contract | Custom engagement-based pricing |
Go-to-market motion1 record
Distribution channels1 record
Marketing channels1 record
Aval product offering
Product offeringCore offering
Aval provides bespoke wealth management services to wealthy private individuals, families, foundations, associations, and institutions, complemented by governance, corporate structure, tax, and legal advisory through its affiliated entities Aval Wealth Management Oy and Aval Oy. Services include tailored investment advisory and discretionary portfolio management, global equity investing (with specialized expertise in European stocks), Aval Manager Selection (independent active and passive fund selection), private equity, private debt, real estate, customized structured products, ESG integration, second-opinion reviews, family company consulting, generational transfers, and international tax planning.
Product overview
Aval operates as a dual-entity financial services group consisting of Aval Oy (governance, tax, and legal services) and Aval Wealth Management Oy (wealth management services). Aval Oy provides strategic consulting, family company advisory, tax planning, and legal services for wealth management purposes. Aval Wealth Management Oy, licensed by the Finnish Financial Supervisory Authority, offers comprehensive wealth management including tailored investment advisory, the Aval Manager Selection service for fund selection, private market investments (private equity, private debt, real estate), and structured products. Both entities share a long-term perspective approach serving wealthy individuals, families, and institutions.
Differentiator
Problem solved
Functional benefit
Products and services
- Aval Oy / Aval Ltd Governance, Structures, Tax and Legal Services
- Aval Wealth Management Oy / Aval Wealth Management Ltd Wealth Management Services
- Aval Manager Selection
- ESG Investment Services
- Second Opinion and Portfolio Advisory Services
Companies that use Aval
Customer profileSegments3 records
Ideal customer profiles3 records
Aval technology and API
TechnologyTechnology focussed No
API detail
- Has API
- No
- API docs
- API detail
Core technology
AI maturity
App detail
Aval partnerships and signals
Strategic signalPartnerships
One partnership is on record.
- Finnish Financial Supervisory Authority (Finanssivalvonta)coreAval Wealth Management Oy operates under investment service authorization granted by and under supervision of the Finnish Financial Supervisory Authority. This regulatory relationship is fundamental to their licensed wealth management operations.
Recent moves6 records
Expansion highlights5 records
Aval competitors and assessment
Company assessmentBroad incumbents
- Nordea Private Banking: Largest Nordic universal bank with an extensive private banking franchise serving HNW and UHNW clients across Finland and the Nordics — a major incumbent with broader balance sheet and product capabilities.
- Mandatum: Finnish wealth management and life insurance group (part of Sampo) with broad private banking, asset management, and institutional services — a much larger incumbent competing for the same HNW segment.
- OP Private: Private banking arm of the Finnish OP Financial Group cooperative, providing wealth management to HNW households and business owners across Finland — broad incumbent with extensive domestic reach.
Regional players
- Aktia Bank: Finnish bank with private banking and wealth management operations focused on domestic HNW clients — a domestic regional incumbent that competes with Aval for the same Finnish customer pool.
Direct peers
- Stonehage Fleming: International multi-family office offering integrated investment management, tax, and advisory services to HNW and UHNW families — international peer for Aval's multi-family office positioning and service model.
- United Bankers: Finnish wealth management firm providing private banking, asset management, and advisory services to individuals, families, and institutions — directly comparable Nordic HNW-focused business model to Aval.
- Carnegie: Nordic investment bank with significant private banking and wealth management operations serving HNW individuals and families across the Nordics — competing on scale and product breadth for the same client base.
- Söderberg & Partners: Nordic financial advisory and wealth management group serving private individuals, families, and corporations across Sweden, Finland, Norway, and Denmark — comparable Nordic regional RIA-style platform.
- Evli: Publicly listed Finnish wealth manager and investment firm offering private banking, asset management, and advisory services to HNW individuals, families, and institutions in Finland and the Nordics — overlapping client base and regulatory environment with Aval.
- Taaleri: Finnish financial group with wealth management and private banking operations targeting HNW individuals and families; a comparable independent-than-bank Finnish wealth platform.
Market position
Strengths5 records
Weaknesses5 records
Competitive moat4 records
Key risks6 records
Key highlights7 records
Customer concentration
Aval social profiles
Digital presenceAval financial estimates
Financial estimateRevenue estimate
Valuation estimate
Aval leadership team
Management profileNumber of profiles
Profiles11 records
Aval funding detail
Funding detailFunding overview
Funding rounds
Investors
Funding detail is available on the Subscription and Enterprise plan.Contact sales →
Aval M&A and investment
M&A and investmentM&A
Investments
M&A and investment is available on the Subscription and Enterprise plan.Contact sales →
Frequently asked questions about Aval
What does Aval do?
Aval provides bespoke wealth management services to wealthy private individuals, families, foundations, associations, and institutions, complemented by governance, corporate structure, tax, and legal advisory through its affiliated entities Aval Wealth Management Oy and Aval Oy. Services include tailored investment advisory and discretionary portfolio management, global equity investing (with specialized expertise in European stocks), Aval Manager Selection (independent active and passive fund selection), private equity, private debt, real estate, customized structured products, ESG integration, second-opinion reviews, family company consulting, generational transfers, and international tax planning.
Is Aval a public or private company?
Aval is a private company. It is classified as founder individual operated bootstrapped and is currently operating.
When was Aval founded?
Aval was founded in 2006. It employs 11 to 50 people.
Where is Aval based?
Aval is headquartered in Helsinki, Finland, in the Europe region.
How does Aval make money?
One revenue line is on record: professional Services Fees.
Who are Aval's main competitors?
Broad incumbents on record are Nordea Private Banking, Mandatum and OP Private. Aktia Bank is listed as a regional player. Direct peers are Stonehage Fleming, United Bankers, Carnegie, Söderberg & Partners, Evli and Taaleri.
Does Aval have an API?
No public API is recorded for Aval.
What industry is Aval in?
Aval's product category is Private Wealth Management. Its primary akta.pro industry code is FSAEABAA, Registered Investment Advisor (RIA) Wealth Management, with a secondary code of FSAAADAC, Family Office Advisory & Outsourced CIO (OCIO). Its NAICS code is 52394 and its SIC code is 6282.