Queensland-based boutique Modoras Group has announced it will merge with Melbourne-based Navacue Accountants and Financial Advisors.
The merger, which will take effect from 1 October 2017, will see Navacue change its name to Modoras Financial Performance Solutions, with current Navacue directors Ian Fox and Alf Couceiro continuing to oversee the new business’ Melbourne operations.
“Working within Modoras creates an opportunity to collaborate even further with a vast spectrum of financial experts, and provide even greater access to resources for our clients,” Mr Fox said.
“We will work even more as one, enhancing further our ability to create lifestyle options for clients beyond what they thought possible.”
Navacue has held a partnership with Modoras Group since its inception, and Mr Couceiro said the merger “formalises a partnership that has been in place for quite some time”.
“Navacue clients can still look forward to the professional ‘above the line’ client care that they have come to expect from their existing Navacue accountant, planner and support team, who will continue to take care of their financial well-being,” he said.
The investment manager has released its FY22 results.
The firm has released its results for the 2022 financial year.
The deal was officially announced this week.
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