Premium Wealth founder joins Radar Results
Financial planning M&A consultant Radar Results has recruited the founder of dealer group Premium Wealth Management to help service rapid demand for broker services in Queensland.
Experienced financial services executive Grant Agnew will join the national team, working with clients across Queensland and helping Radar Results to expand into the Cairns region.
In a statement, the company said the move is due to the fact that “Queensland has been Radar’s busiest state, with currently 23 practices looking to sell, 28 per cent of [its] sellers nationally”.
Mr Agnew, a public accountant and financial planner, was a founding director of Premium Accounting Group Ltd, which later became Premium Wealth Management and had $2 billion in funds under management in his personal practice when it sold in 2013.
The development comes as the government moves to bring more clarity to the FOFA grandfathering provisions, with Radar Results claiming the proposed changes will “free up sales” in the financial planning market.
Correction: This article previously implied that Premium Wealth Management had been sold in 2013. Rather, the transaction referred to involved Mr Agnew's personal practice.
‘Role of licensee has to change’
EXCLUSIVE The role of licensees has to be reviewed, a boutique dealer group has ...
AMP Advantage Funds hit $2bn AUM milestone
AMP says its search for yield has been a blessing for its Advantage Funds, after...
FPA makes adviser call for charity ride and hike
The FPA’s charity arm, the Future2 Foundation, has put out an open invitation ...