MISSO Wealth Management expands HNW footprint in Australia
Brisbane-based boutique wealth management firm, MISSO Wealth Management, has entered into a definitive agreement with Focus Financial Partners, under which MISSO will join Connectus Wealth Advisers.
The transaction was expected to close in the fourth quarter of 2021.
MISSO, which was founded by in 2001 by Jason Misso, serves high and ultra-high net worth individuals in Queensland and throughout Australia, with a specific focus on executives, business owners and self-employed professionals. Its key services include financial advice and planning, investment management, family office services, superannuation, estate and family succession planning, insurance advice and liability management.
“Joining Connectus will position us to expand the value proposition we offer our clients while maintaining our approach to providing unconflicted advice and our boutique culture," Misso said.
"The array of client service tools and resources that Connectus provides will enable us to create a much richer client experience.
“Leveraging Connectus' shared resources will allow us to not only devote more time to our passion, which is serving our clients, but also to accelerating the growth of our business.
“We are excited by the prospect of Connectus helping our business evolve in a way that we could not have achieved on our own."
AUTHOR
Oksana Patron
Recommended for you
Licensee Centrepoint Alliance has completed the acquisition of Brighter Super’s annual review service advice book, via Financial Advice Matters.
ASIC has launched court proceedings against the responsible entity of three managed investment schemes with around 600 retail investors.
There is a gap in the market for Australian advisers to help individuals with succession planning as the country has been noted by Capital Group for being overly “hands off” around inheritances.
ASIC has cancelled the AFSL of an advice firm associated with Shield and First Guardian collapses, and permanently banned its responsible manager.
