Matrix expands member network
Matrix Planning Solutions (Matrix) has added Gold Coast-based Entire Financial Management (Entire) to its member network.
The entire business was established earlier this year by partners Greg McCurdy, Peter Kerr and Karen Wyatt, and provides services in the areas of wealth accumulation, superannuation, retirement and estate planning.
Prior to founding the practice, McCurdy and Kerr were running their own financial planning practices respectively, with McCurdy already a part of Matrix.
Wyatt plans to become an authorised financial services provider over the next year, with the practice aiming to add further support staff, Matrix stated.
McCurdy said Matrix would offer the practice professional support, while Kerr added that the "size of Matrix and the closeness of the group means we are a good fit".
Since October last year, Matrix has added a further three financial planning practices to the business and currently has around 112 advisers.
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.
