A financial advice business formerly licensed by Westpac has become the 7th firm to join non-aligned dealer group AdviceIQ Partners.
AdviceIQ Partners director Angus McLeod told ifa that Apollo Private Wealth principal Raymond Shing and his team had come on board recently.
As a result of the deal, AdviceIQ's funds under advice now exceed $1 billion.
"This takes us to seven Partner Firms, with one in Melbourne, two in Sydney, and four in south-east Queensland," he said.
"We intend continuing steady growth with Firms that match our existing Partner Firm profile and culture."
Mr McLeod said the group would like to add more firms, but would cap the number at between 10 and 12.
SUBSCRIBE TO THE IFA DAILY BULLETIN
11 Dec 2017Insurance engagement driven by advisersBy Jessica Yun
11 Dec 2017Kaplan pushes for new CPD regimeBy Staff Reporter
11 Dec 2017Senate approves AFCA billBy Annie Kane
11 Dec 2017Treasury reassess early super release rulesBy Miranda Brownlee
8 Dec 2017Dunsford embarks on acquisition huntBy Killian Plastow
8 Dec 2017ASIC reaffirms interest in reference check protocolsBy Killian Plastow
- view all