Fitzpatricks makes seventh partnership with Perth firm



Fitzpatricks Private Wealth has announced the addition of Perth-based financial advisers Stewart Symonds & Partners to its national partnership.
This is the seventh firm to join the partnership since July 2018 and brings the firm’s total to 61 financial practices.
Stewart Symonds & Partners was set up in 1993 with offices in Perth and Kalgoorlie.
Garry Symonds, partner and general manager, said the firm had been attracted to Fitzpatricks by the private ownership model and family office feel of the practice. He also felt it had the appropriate resources to grow the business successfully.
He said: “Fitzpatricks has been a true partner. Its underpinning values, ongoing support, direct availability and access to the leadership team has been essential to ensure a smooth transition.
“Fitzpatricks view the world the way we do - the client always comes first. We are not trying to sell clients a product, rather looking at getting them well organised financially over the long-term.”
Recommended for you
The new financial year has got off to a strong start in adviser gains, helped by new entrants, after heavy losses sustained in June.
Michael McCorry, chief investment officer at BlackRock Australia, has detailed how investors are reconsidering their 60/40 portfolios as macro uncertainty highlight the benefits of liquid alternatives.
Having reset its market focus to high-net-worth advisers, Praemium’s administration solution has been selected by Bell Potter in a deal that increases the platform's funds under administration by $6 billion.
High transition rates from financial advisers have helped Netwealth’s funds under administration rise by $3.7 billion in the fourth quarter of FY25.