Hampel joins planners' camp

Financial planning group Hampel Financial & Insurance Services has joined the Associated Planners camp in South Australia.

Financial planning group Hampel Financial & Insurance Services has joined the Associated Planners camp in South Australia.

Director Richard Goode says he is "chuffed" by the move, which will see Hampel sever its ties with National Mutual.

"We approached Associated Planners. It was part of a decision to find out what was available because we were becoming a little uncomfort-able with where we were positioned in the market," he says.

Goode says Hampel wanted to move away from the purely risk management focus of National Mutual but stresses his group parted "on very good terms".

"One of the planks of our future growth will be in the provision of group market corporate services. We felt we were restricted in pursu-ing this market in our old environment and we feel that we'll be un-restricted in our new environment," he says.

Hampel was established 31 years ago by Ken Hampel. It now has six staff managing 4000 clients and has more than $70 million under ad-vice. Goode is co-owner and director with Scott Noell.

Associated Planners general manager Andrew Creaser says he is pleased with Hampel's decision to join the group, saying it will create added depth to SA operations.

Associated Planners, with more than 80 member groups, advises more than 25,000 clients.