Financial Gravity subsidiary Forta Financial acquires Vestus

Financial Gravity subsidiary Forta Financial acquires Vestus Group and NCW Group in California


Financial Gravity subsidiary Forta Financial acquires Vestus Group and NCW Group in California
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AUSTIN, Texas, March 16, 2021 /PRNewswire/ -- Financial Gravity Companies, Inc. (OTCQB: FGCO) subsidiary Forta Financial Group, Inc. in Greenwood Village, Colorado has closed on an Agreement and Plan of Merger with Vestus Group, and its affiliate, NCW Group, both located in Carmel, California. All of the companies are in the wealth management industry. Among the reasons for the purchase includes helping to increase revenue, increase AUM (Assets Under Management), and add additional expertise in systems and infrastructure.  
According to Scott Winters, Financial Gravity Chairman & CEO, "The major gain for Financial Gravity in this transaction is the significant deepening of our bench strength with the two top talents, Mark Williams and Bryce Hamilton." Mark Williams will become Financial Gravity's EVP of Operations and will be instrumental in helping to document, systematize, and automate all company processes in order to provide the best possible experience for all. Bryce Hamilton will become EVP of Distribution and will be responsible for building out the internal channels of distribution across all of the Financial Gravity companies in order to bring a more cohesive set of offerings to all constituents. Winters added. "I am positive that Mark and Bryce will be fantastic members of the Financial Gravity family and work tirelessly towards helping promote our culture of excellence".

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