Two strategic acquisitions for Elston Partners

financial-advisers/advice/

4 November 2010
| By Milana Pokrajac |

Queensland advice and wealth management firm Elston Partners has acquired two high-net-worth financial planning practices — BMM Financial Services and DV&A Financial Advisers.

Until recently, the firms were headed by Greg Jamison and Jonathan Bonnett, respectively.

Elston Partners managing director Andrew McKie said the firm continued to expand both organically and through acquisition.

“Over the last 18 months, Elston Partners has enjoyed a doubling of assets under management, at a time when industry net inflows are anaemic,” said McKie.

The firm, established in 2008, provides planning advice and portfolio management solutions solely to private clients.

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