QLD advisory firm establishes new AFSL
Queensland based advisory firm, Complete Financial Balance (CFB), has joined the Arthur J. Gallagher group under a new Australian financial services licence (AFSL).
CFB director and principal, Tapel Cafer, said the move was part of the firm's growth strategy.
"The opportunity to be part of a larger group is compelling and we will be able to provide our clients with many new services and areas of expertise," he said.
CFB founding director, Graham Campbell, said CFB was delighted to be part of Gallagher's employee benefit consulting and brokerage operations and looked to enhance their advice and benefits proposition to small and medium enterprises (SMEs) and large corporates in the Australian market.
CFB was founded in 2002 and offered a full suite of advisory services to the medical and SME market.
Recommended for you
Global retirement administration business MUFG Pension and Market Services has fully acquired Moneysoft, an Australian digital solutions provider for financial advisers.
The Financial Advice Association Australia has explored how financial advisers can personalise their service offerings for Millennials, Generation X and Baby Boomers.
More than half of the past 13 weeks of Q3 enjoyed a rise in financial adviser numbers, according to Wealth Data figures, an improvement on the same time a year ago.
The fallout from Dixon Advisory and effect on the professional indemnity insurance market could have been far worse, according to Numerisk’s Richard Silberman, if the product collapse hadn’t been isolated to one company.