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Henderson Maxwell acquires Maven Financial

chief-executive/

2 December 2009
| By By Mike Taylor |
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Financial planning firm Henderson Maxwell has acquired Maven Financial.

The acquisition was confirmed today and will see Maven Financial managing director Andrew Bowring and two support staff coming under the Henderson Maxwell umbrella.

Announcing the move, Henderson Maxwell chief executive Sam Henderson said Maven's funds under management of $85 million would make Henderson Maxwell one of the larger boutiques, with eight advisers, offices in Sydney and Melbourne and around $250 million in funds under management.

"Bringing Andrew and his team into our Sydney office has been very successful with immediate synergies and a great blending of expertise," he said.

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