Fitzpatricks adds another advice firm
Highland Financial has aligned its practice under Fitzpatricks Private Wealth's license, as the licensee continues to bolster its national network.
Highland founder and principal, Chris Wren, said the two firms shared the same cultural values and were fee-based advisory businesses.
"I've been a financial planner for 10 years, looking — unsuccessfully — for a collaborative, non-aligned network for 10 years," he said.
"Our core values consist of life balance and family and clients' needs first. Highland Financial operates on a fee-based model."
Commenting, Fitzpatricks Group chief executive, John McMurdo, said "Highland Financial embodies the essence of our approach: to seek culturally aligned fee-based advisory businesses that are making a difference in the lives of their clients".
Recommended for you
The profession is up by almost 200 advisers for the new financial year, with August continuing the consistent weekly positive gains.
WT Financial has announced its second “Hubco” with a combined valuation of $7.8 million, while its first one has successfully incorporated and is now making its own acquisitions.
The Australian Wealth Advisors Group has entered into a joint venture with a Melbourne financial services firm to launch a wealth manager.
Remediation and litigation costs have led AMP to announce a reduced statutory net profit after tax of $98 million for the first half of 2025.
