William Buck and MSI Tilley join forces
The South Australian branch of chartered accounting firm William Buck has merged with MSI Tilley Adelaide to cement its position as a leader in the mid-tier market.
The new business will trade as William Buck under the leadership of the existing managing director, Jamie McKeough.
The MSI Tilley directors and their staff will all join William Buck, boosting the firm’s size to 16 directors and a total of 125 people.
McKeough said the merger with MSI Tilley was a strategic move to leverage the firm’s prominent position in the mid-tier market.
“Both firms operate in similar markets and bring a complementary range of in-house specialists to our team and a broader range of services for all of our clients,” he said.
The merger will be effective from 31 January, 2011.
Recommended for you
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.
Having peaked at more than 40 per cent growth since the first M&A bid, Insignia Financial shares have returned to earth six months later as the company awaits a final decision from CC Capital.
