Frontier Wealth Expands to St. Louis

Frontier Wealth Management, a Kansas City-based investment advisory firm, has jumped into the St. Louis market.

In a news release this afternoon, Frontier announced the acquisition of AHM Asset Management, saying the St. Louis firm meshed with its own client-service mission and core values, including transparency, advocacy, engagement and resourcefulness. AHM’s $225 million in assets under management brings Frontier’s firm-wide AUM total to more than $800 million.

“St. Louis is a market we have been exploring for the past two years,” CEO Nick Blasi said. Effective Saturday, AHM began operating under Frontier Wealth Management’s name and will continue its operations out of its St. Louis office.

 Correction: An earlier version of this story has been corrected to reflect the AUM totals of Frontier and AHM.