Boutique firm joins Securitor
Boutique planning firm Minchin Moore Private Wealth has joined BT Financial Group’s (BTFG’s) Securitor network, BTFG announced.
Minchin Moore Private Wealth is the result of a merger between existing Securitor firm Minchin Private Wealth, which was founded last year by lead adviser Mark Minchin, and an established Sydney-based practice founded by Peter Williams that operated under a different Australian Financial Services Licence, Securitor stated.
The firm consists of six advisers and three support staff, and advises on around $400 million on behalf of clients, according to Securitor.
Williams has 25 years of experience managing a financial advice practice catering to the needs of ultra high-net-worth clients, and in 1984 founded chartered accounting practice Williams Hatchman & Kean, now part of the publicly listed WHK group, Securitor stated.
Williams has brought his client book to the new firm, of which he is a co-founder, and BTFG head of dealer groups Matt Englund described the acquisition as a coup for Securitor.
“We are delighted to welcome Minchin Moore Private Wealth into the fold as the quality of the business is the right cultural fit with Securitor: a boutique advisory firm specialising in personalised strategic advice firmly focused on the needs of their clients,” Englund said.
Securitor is looking to organically grow practices as well as acquire new businesses but is focusing on quality without compromise, Englund said.
The new firm also features new advisers Nick Mundy and Tom Jeffries, formerly with BT Financial Group, and operations manager Jenny Wong, formerly of AMP and Macquarie. The three join existing Minchin Private Wealth advisers Angus Sedgwick and Mark Minchin.
Williams said he wanted to join forces with a dealer group that would allow the firm to flourish within its own business model and that provided industry leading support services.
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