Accounting and financial advice firm Chan & Naylor has launched an SMSF administration business, intending to become a “one-stop-shop” for self-managed super trustees.
The new business unit will focus on compliance, education and strategy within the SMSF environment, according to a statement from the firm.
Chan & Naylor managing director Ken Raiss said the firm’s desire for growth continues as they respond to changing market conditions.
“Contributing factors include ongoing industry consolidation, an unstoppable growth in SMSF and Australian’s continued passion for property investment,” he said.
Chan & Naylor also announced it is in the final preparatory stages of launching a national mortgage broking service, which will extend its property offering.
“This will be driven from a current base within NSW and Victoria to a new expanded and wider spread business unit that will focus on strategic finance strategies as well as borrowing requirements of our clients,” Chan & Naylor said in a statement.
After partnership growth over the last 24 months, Chan & Naylor is also looking to grow its business through new joint venture partnerships (JVPs) and ‘tuck-in’ opportunities.
“The group will now focus its executive efforts on consolidating the gains of recent growth through investing in the success of our existing joint venture partners whilst continuing to engage with appropriately qualified new firms who are interested in joining Chan & Naylor,” said Mr. Raiss.
SUBSCRIBE TO THE IFA DAILY BULLETIN
- 25 Sep 2018ASIC finds serious delays in breach reporting from major banksBy Eliot Hastie
- 25 Sep 2018Failed advice firm was ‘a proven success story’: DalyBy Adrian Flores and James Mitchell
- 25 Sep 2018New city added to FPA’s Women in Wealth programBy Adrian Flores
- 25 Sep 2018Fund managers charging fees for underperformanceBy Eliot Hastie
- 25 Sep 2018Government minister to address AFA conferenceBy Adrian Flores
- 24 Sep 2018Accountants continue battle for advice spaceBy Adrian Flores
- view all