Investor buys firm
Investor Group has purchased the Cressey Lynch accounting and financial planning businesses.
Investor Group has purchased the Cressey Lynch accounting and financial planning businesses. Cressey Lynch is the largest independent firm of accountants on Queensland's Gold Coast. The firm operates a rapidly growing stand-alone finan-cial planning business, with more than $40 million funds under advice. Under the purchase arrangement, which is subject to a number of conditions, including due diligence and legal documentation, about 800,000 Investor Group shares will be issued to Cressey Lynch principals.
Recommended for you
As advisers risk losing two-thirds of FUA during the $3.5 trillion wealth transfer, two co-founders underscore why fostering trust with the next generation is vital to retaining intergenerational wealth.
As advisers seek greater insights into FSCP determinations, what are the various options considered by the panel and can a decision be appealed?
Amid the current financial adviser shortage, advice firm Link Wealth is looking to expand its financial literacy program for high school students across the country.
TAL Risk Academy has updated its range of ethics courses to help financial advisers meet their CPD requirements following adviser feedback, including interpreting FSCP determinations.