Aval

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.

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

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

• Wealth management services
• Investment advisory
• Tax planning services
• Family office services
• Governance consulting

Headquarters

HQ city

Helsinki

HQ country

Finland

HQ region

Europe

Offices2 records

Markets served

GTM type

B2C

Offering type

Services

Cost components

Personnel, Operations, Marketing or Sales, Technology or R&D, Infrastructure

Revenue model

1. 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

Go-to-market motion1 record

Distribution channels1 record

Marketing channels1 record

Core 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

Segments3 records

Ideal customer profiles3 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Partnerships

One partnership is on record.

• Finnish Financial Supervisory Authority (Finanssivalvonta)coreOthersAval 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

Broad 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

• LinkedInlinkedin.com/company/avalfamilyoffice

Revenue estimate

Valuation estimate

Number of profiles

Profiles11 records

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Aval