Powered by MOMENTUM MEDIA
moneymanagement logo
 
 

Stanford Brown expands into accounting

Stanford-Brown/Jonathan-Hoyle/Deloitte/

5 March 2020
| By Mike |
image
image image
expand image

Wealth management group Stanford Brown is expanding further into the accounting space.

The company has announced its purchase of local accounting business, Clem Hill and Associates, along with the recruitment of senior Deloitte executive, Dean Crossingham to lead the new accounting business.

Commenting on the move, Stanford Brown chief executive, Jonathan Hoyle said the acquisition fulfilled a long-held ambition to offer clients tax and accounting services.

“Due to rapid advances in cloud-based technologies, a much tighter regulatory environment and the increasing prevalence of cyber fraud, we are firmly of the view that financial planning and accounting services belong under the same roof,” he said.

Read more about:

AUTHOR

Recommended for you

sub-bgsidebar subscription

Never miss the latest news and developments in wealth management industry

MARKET INSIGHTS

The succession dilemma is more than just a matter of commitments.This isn’t simply about younger vs. older advisers. It’...

5 days 3 hours ago

Significant ethical issues there. If a relationship is in the process of breaking down then both parties are likely to b...

4 weeks 2 days ago

It's not licensees not putting them on, it's small businesses (that are licensed) that cannot afford to put them on. The...

1 month ago

ASIC has released the results of the latest adviser exam, with August’s pass mark improving on the sitting from a year ago. ...

1 week ago

The inquiry into the collapse of Dixon Advisory and broader wealth management companies by the Senate economics references committee will not be re-adopted. ...

2 weeks ago

While the profession continues to see consolidation at the top, Adviser Ratings has compared the business models of Insignia and Entireti and how they are shaping the pro...

2 weeks 2 days ago

TOP PERFORMING FUNDS

ACS FIXED INT - AUSTRALIA/GLOBAL BOND