Stanford Brown buys Godfrey Pembroke advice firm
Sydney-based private wealth firm, Stanford Brown has acquired Godfrey Pembroke advice business, World Square Financial Services.
The acquisition, which would be expected to take Stanford Brown’s client funds under management to close to $1.5 billion, was a part of the strategy aimed at achieving balance between organic growth and acquisitions that would provide retiring principals an opportunity to transition their clients, the firm said.
Stanford’s chief executive, Jonathan Hoyle, described World Square as a “quality advice firm centred around high-touch customers service”
“We are very excited by the opportunity to be working with his clients,” he said.
World Square’s principal, Robert Wiggins, added: “They have a wonderfully young and vibrant culture; one to which my clients will relate well. Their philosophy of holistic and heroic client service is one that is closely aligned to my own.”
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