The acquisition provided Atchison Consultants with additional resources to continue developing its capabilities with a capital infusion to be made. The investment comes after Wattle Partners spent several years seeking to partner with an external asset consultant to assist in further professionalising its growing business. Nemtsas said: “The past five years has seen a proliferation of new wealth-focused asset consultants. However, some of these groups lack the necessary depth and breadth of knowledge, experience and stability. “This creates a real opportunity for well-resourced and experienced asset consulting groups seeking to establish themselves as industry leaders.” Meredith said: “Asset consulting groups servicing wealth management firm sometimes lack the understanding of what advisers do and how they can help the adviser run a better, stronger business that provides better outcomes for clients.