Foster Raffan News Today

2023 has been a year of mergers and acquisitions for licensees as firms take advantage of the improved landscape for financial advisers.

Speaking to Money Management, AZ Next Generation Advisory’s chief executive Paul Barrett has outlined the firm’s plans to quadruple its size to become Australia’s leading professional services company, having already completed 14 M&A transactions this year.

For the first time in years, the financial advice market is seeing tailwinds rather than headwinds, according to Forte Asset Solutions director Stephen Prendeville.

The financial group has announced the acquisition of a Melbourne-based planning firm servicing Millennials, less than a year since acquiring Affinia-licensed Master Your Money Now.

AZ Next Generation Advisory is to acquire a stake in The Wealth Designers as the Perth advice business seeks to have an office in every Australian capital city.

Financial advice firms Priority Advisory Group and Wise Planners are to merge to create a multi-discipli

Two financial advice firms both backed by AZ NGA will merge to provide holistic as well as workplace financial advice.

With Insignia launching a new co-equity model, AMP could look to follow in its footsteps, according to Adviser Ratings.

AZ NGA has made its latest acquisition with a stake in Sydney-based financial advice firm Foster Raffan iPlan.

AZ NGA has acquired an economic interest of 42% in Foster Raffan iPlan, to support the business in its growth and expansion endeavours.