HLB Mann Judd SA picks up boutique firm
The wealth management division of HLB Mann Judd in South Australia has grown from six members to 11 with the acquisition of boutique planning firm Howard Financial Planners.
HLB Mann Judd (SA), which is licensed under AXA, now represents one of the largest AXA Financial Planning practices in South Australia, according to HLB Mann Judd.
“The acquisition will enhance the offering across our comprehensive suite of wealth management services, and add new skills and capabilities to the team,” HLB Mann Judd Wealth Management partner George Wright said.
Howard Financial Planners principal Howard Jacob has been appointed as a director within the new firm, while all four existing Howard Financial Planners have also joined the firm.
Recommended for you
With the final tally for FY25 now confirmed, how many advisers left during the financial year and how does it compare to the previous year?
HUB24 has appointed Matt Willis from Vanguard as an executive general manager of platform growth to strengthen the platform’s relationships with industry stakeholders.
Investment manager Drummond Capital Partners has announced a raft of adviser-focused updates, including a practice growth division, relaunched manager research capabilities, and a passive model portfolio suite.
When it comes to M&A activity, the share of financial buyers such as private equity firms in Australia fell from 67 per cent to 12 per cent in the last financial year.
