A new full-service stock broking group has launched in Australia this week – the Octa Phillip Financial Group.
Announcing its launch, the group said it would be providing wealth management, institutional and private client stockbroking, corporate finance and funds management service.
The company said it was the result of the acquisition of Austock Group by Intersuisse Holdings, and would have 150 employees with offices in Sydney, Melbourne, Perth, Adelaide and the Gold Coast.
The chief executive of the new group is former Austock CEO Paul Masi.
Masi said the company’s direct channel to Asia would enhance its existing strong retail and institutional relationships.
