Fortnum Private Wealth and its newly acquired advice business Professional Financial Services (PFS) will operate under a newly launched parent company brand, Entireti.
Brisbane-based financial advisory businesses, Henderson Matusch Group (HMG) and Logiro, have announced a noncash merger. HMG and Logiro, both AZ NGA-backed, are aiming to create a “multi-discip
Advice network acquires two Qld practices
Advice network acquires two Qld practices
An Italian-backed advice network has made a number of new acquisitions in Queensland, investing in two mid-sized Brisbane practices that it says will expand the group’s capacity for long-term growth.
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In a statement, AZ NGA said it had acquired Blue Harbour Financial Partners, based in the outer Brisbane suburb of Cleveland, and goals-based advice firm Henderson Matusch Group.
Blue Harbour, which specialised in super and retirement advice, employed 16 staff and six advisers, while Henderson Matusch counted 40 staff and 13 advisers, the group said.
AZ NGA chief executive Paul Barrett said the acquisitions would help the group, which is backed by Italian-listed asset manager Azimut Group, to expand its footprint in the northern state.