AMP acquires four Kiwi advice firms
AMP has expanded its toehold in New Zealand, with four new financial planning practices joining the AdviceFirst network, of which it is a majority stakeholder.
AdviceFirst has bedded down the acquisition of John Grogan Insurances Lyd, Advice 4 U, Bob Edwards Insurance and Investments Ltd and Colin Strang Financial Services Ltd, bringing the total number of qualified advisers to 39 across New Zealand.
“AdviceFirst has a commitment to providing the highest quality advice and as a result of these aquisitions, we’re excited to welcome a significant number of new clients and demonstrate our unique value proposition to them,” said AdviceFirst executive chairman Peter Chote.
“We’re particularly pleased to be opening a new office in Dunedin as we continue to grow our presence nationwide.
“All our advisers benefit from access to [AMP’s Quality Advice Network], which provides them with an extensive range of services to support the delivery of quality financial advice for our expanding client base.”
Advice practices are ‘in a buyers’ market’: AZ NGA
Advice businesses are currently in a buyers’ market for the first time in Aust...
OneVue onboards Calastone automated reporting solution
Registry provider OneVue has joined Calastone’s reporting solution, enabling i...
Madison Financial Group undergoes rebrand
Dealer group Madison Financial Group has undergone a rebrand to Sargon Adviser S...