Permanent buys into accounting

trustee

13 June 2000
| By Stuart Engel |

Permanent has acquired Sydney accountants W&D Partners to form a “one-stop financial shop” for rich Australians.

Permanent has acquired Sydney accountants W&D Partners to form a “one-stop financial shop” for rich Australians.

The new tax and accounting practice, W&D Permanent, lies within Permanent's private client division, and represents the Permanent’s first step in a geographical expansion of its private cli-ent business.

W&D offers tax, accounting, audit and business management services. The acquisition of the accounting firm is another move by Permanent from being a traditional trustee company business and towards a broad-based financial services provider and will build on Permanent's existing tax and accounting business.

Three W&D partners will join the senior management team at Permanent.

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