Financial Momentum joins Count Financial
Financial Momentum, previously licensed with Count Plus-owned Total Financial Solutions (TFS) and Nextplan, is the latest firm to join Count Financial’s national advice community.
Financial Momentum was based in Wangaratta, Victoria, with a second office in Sunbury, and had four advisers.
Count Financial said it had appointed 23 new firms since the start of 2021 as a part of its growth strategy.
Matthew Holmes, financial adviser at Financial Momentum, said the company had already existing relationships with former TFS firms.
“We have ongoing relationships with former TFS firms who joined Count Financial and many of them spoke about how great the transition had been for them,” Homes said.
“These relationships were instrumental in our decision to join, as we were looking for ways to increase efficiencies that these firms have been enjoying on the back of Count Financial’s strong technology focus.”
Andrew Kennedy, chief advice officer at Count Financial, said: “Given my background as the former CEO of TFS, I’m delighted to be working with Michael, Matt and the team once again.
“It’s pleasing to know that the investments we are making in simplifying and enhancing the advice delivery process are being recognised by our adviser community, which has played a big part in Financial Momentum choosing to re-join us.”
Recommended for you
TAL has introduced four new courses to its Risk Academy focused on ethical dilemmas as part of Ethics Month to help advisers meet their CPD requirements.
Unadvised Australians believe they need $2 million to retire comfortably, according to Colonial First State, a wide variance compared to advised individuals which estimate $1.3 million.
Financial advisers can now access Vanguard’s diversified managed account strategies on HUB24 and Netwealth, marking a “significant expansion” through new distribution channels.
The heads of two financial advice licensees have joined the board of the Financial Services Council as it looks to deepen its engagement with the space and strengthen its representation.
