Prime Financial Group has agreed to acquire a 20% stake in accountancy and financial planning firm MPR Group in Melbourne.
This Wealth Management entity will be owned 50% by Prime and 50% by the MPR Group with Prime operating the entity on behalf of both parties.
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Prime’s investment in MPR Group will support their significant growth plans and the Prime team looks forward to assisting to build out their client offering and business under the leadership of MPR Group Managing Director Matt Murphy.
The investment in MPR Group is part of Prime’s plan to increase the number of combined Accounting & Advisory Investments incorporating Wealth Management JV’s.
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