Bendigo Financial Planning has penned a sale agreement with a Geelong-based financial planning firm, under the terms of which the bank has acquired the company.
In a deal finalised in October, Bendigo Financial Planning Limited – a subsidiary of the Bendigo and Adelaide Bank – has acquired Wheeler Financial Services, a firm based in Geelong West in Victoria.
“Following this sale, planners transitioning from Wheelers will operate as part of Bendigo Financial Planning,” said a statement on the bank's website. “To help ensure minimal disruption, Wheelers staff will remain within the business and will continue to work from their existing office located.
“However, the Wheelers brand will change from Wheeler Financial Services to Bendigo Financial Planning.”
More to come.
The corporate regulator has cancelled the licence of three Queensland-based fina...
The majority of the company’s advisers have transferred to another licence as ...
ASIC has fired a warning shot at real estate agents providing unlicensed advice ...
Get the latest news! Subscribe to the ifa bulletin
Get notifications in real time and stay up to date with content that matters to you.
