Armed with a fresh injection of private capital, non-bank dealer group Fitzpatricks has made a strategic acquisition of ANZ-aligned advice firm Retirement Victoria.
Last week, ifa reported that Fitzpatricks Group received funding from private equity investors Quadrant and Yorkway Capital Partners.
The dealer group has now announced the acquisition of Retirement Victoria, a Melbourne-based authorised representative of ANZ’s Millenium3 dealer group.
A statement from Fitzpatricks indicates that the newly-acquired firm will retain its current licensing arrangements, name and client service team.
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