Perth based financial adviser Sovereign Plus has joined the local wealth management arm of accountants and advisers HLB Mann Judd to form a new and significant wealth management service in WA.
Sovereign Plus has particular strengths in financial health checks, wealth generation strategies, financial structure advice – to achieve benefits such as tax efficiency, asset protection, and inter-generational transfer – and estate planning strategy development.
It was founded over twenty eight years ago by its CEO Marie Richardson who will be involved with the transition and ongoing client service.
The new wealth management business will operate under the HLB Mann Judd Wealth Management banner from its Perth Stirling Street offices.
Perth HLB Mann Judd Managing Partner Norman Neill said that the culture is a perfect fit for both firms and will add value to all clients, and create new opportunities for staff.
“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.”
Mr Peter Speechley, who will continue to head the Perth HLB Mann Judd Wealth Management division, said that the addition of the new firm of financial advisers will provide clients with an even 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.”
Ms Richardson said that in her own retirement planning she had been looking for a suitable partner for her business to ensure continuity of superior service for her clients.
“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. I have been asked by clients over the years about what happens if anything happens to me and I can cheerfully say that they will now be in terrific hands, albeit I am not leaving just yet.”
The new wealth management business will offer a full range of wealth management services, including investment, superannuation, SMSFs, risk management, retirement and estate planning, financial health checks, wealth creation strategies, financial structure advice, and intergeneration wealth transfer.
HLB Mann Judd is an Australasian association of independent accounting firms and business and financial advisers, with offices in Australia and New Zealand.
HLB Mann Judd was named best accountancy firm (revenue between $50 million and $500 million) in the 2016 Financial Review Client Choice Awards.