NSW Central Coast-based accounting firm Coleman & Co has recently joined dealer group Omniwealth Services under the name of Ravenwood Financial Services.
Principals Janine Ravenwood and Greg Coleman said the move to the new licensee was influenced by the fact that Omniwealth is the only dealer group with an APL for direct investments, including equities, and direct residential property, an asset class with strong client demand.
Mr Coleman said the firm had been looking to bring its financial planning business in-house for some time.
“Our main driver in doing this is to add significant value to our existing clients and to attract new clients in our area,” he explained.
According to Mr Coleman, the main reasons for the firm joining Omniwealth included the dealer group’s philosophies, size, energy and flat fee model.
“Many of our clients have been looking to us to provide them with a quality financial planning solution and Omniwealth allows us to do that,” he said.
“As we are taking over a Manly-based accounting practice next year the timing for the move to Omniwealth is perfect.”
Omniwealth managing director Matthew Kidd said the NSW Central Coast is a rapidly growing area, especially for professionals looking to commute from the CBD.
“It is a region we want to have a presence in,” said Mr Kidd.
SUBSCRIBE TO THE IFA DAILY BULLETIN
10:47New CEO appointed at Centrepoint AllianceBy Staff Reporter
09:22FASEA education pathways provide certainty: O’DwyerBy Killian Plastow
14 Dec 2017AUSTRAC adds to list of CBA allegationsBy Killian Plastow
09:12Get ‘independent financial advice’: Joe HockeyBy Aleks Vickovich
14 Dec 2017‘Forward-thinking’ advisers drive mFunds growthBy Aleks Vickovich
14 Dec 2017FASEA announces education requirementsBy Killian Plastow
- view all