Accounting firm Hall Chadwick's Sydney-based financial planning arm will now be licensed by non-aligned dealer group Fitzpatricks Private Wealth.
The change in licence comes after Hall Chadwick managing director of financial planning Ross Curulli purchased the advice division of the business, which is aligned with Securitor.
Speaking to ifa, Mr Curulli said former Genesys-aligned adviser Nigel Hadaway will be joining him in the new business.
Mr Curulli explained the switch by noting that Fitzpatricks had a "very similar vision" for the direction he wanted to take the advice business in.
He added that his new licensee would allow him to move his business to a fee-for-service environment.
Fitzpatricks Private Wealth chief executive John Woodley said it is "gratifying" to see advisers like Mr Curulli join the dealer group.
"Ross has a passion and reputation for serving clients in their journey to long-term wealth and prosperity. We look forward to supporting him to maximise these outcomes for clients as well as improving the quality of support services available to them," he said.
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