Non-aligned practice joins FPSA

Non-aligned practice joins FPSA

A Sydney-based financial advice business has joined Netwealth's dealer group, Financial Planning Services Australia (FPSA).

Speaking to ifa, Netwealth head of advice group Simon Micallef confirmed the Sydney-based Definitive Wealth Management would now be licensed through its FPSA dealer group.

Prior to changing licences, Definitive Wealth Management was licensed through independently-owned licensee Lionsgate Financial Group.

Definitive Wealth Management director of financial planning Glenn Meilak told ifa the change came after a long search to find a more "hands on dealer group".

Mr Meilak also explained that with the expansion plans he has for the business, Netwealth's dealer group presents opportunities to achieve them.

"It is just a good fit," he said. "The main reason for the move is we have two parts of the business and [one of those] parts is helping young advisers become business owners."

Advertisement
Advertisement

from the web

Website Notifications

Get notifications in real time and stay up to date with content that matters to you.