Sovereign Plus, a Perth-based financial advisory firm, has merged with HLB Mann Judd’s wealth management arm to form a new wealth management business in Western Australia.
The new business will offer various services, such as investment, superannuation, SMSFs, risk management, retirement and estate planning, financial health checks, wealth creation strategies, financial structure advice, and intergeneration wealth transfer.
HLB Mann said that the new business will operate under the HLB Mann Judd Wealth Management brand from its Perth Stirling Street offices.
Sovereign Plus CEO Marie Richardson, who founded the firm over twenty eight years ago, will be involved with the transition and ongoing customers service.
Additionally, Peter Speechley will continue to head the Perth HLB Mann Judd Wealth Management division.
Commenting on the merger, Perth HLB Mann Judd Managing Partner Norman Neill said that the merger will add value to all clients, and create new opportunities for staff.
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“It also gives us a solid base to grow the award winning client services of HLB Mann Judd to more people, in accordance with our strategic plan. Our current strong Audit, Accounting and Business Advisory services will be complemented by an expanded Wealth Management offering.”
Speechley said that the addition of financial advisory firm will provide clients with a broader range of service and increased the depth of knowledge.
“The two firms have a compatible approach to client service, with a commitment for first class advice and a hands-on approach to assist clients’ realise their individual financial goals.”
Richardson said: “It wasn’t just a case of getting someone to take over a client list – I wanted a partner with like values who would provide the same service standards and involvement, as well as adding value to clients.
“I selected HLB Mann Judd Wealth Management after a thorough review of other businesses in the market place. The enthusiasm and professionalism of the Wealth Management staff and partners was a key factor, and a long standing association in the volunteer space gave the deal a special level of familiarity and trust.”