Countplus takes stake in Canberra firm
Count Financial subsidiary Countplus has picked up a 25 per cent share in a specialist Canberra-based payroll and advice firm, Achieve Corporation.
Count announced to the Australian Securities Exchange today that the transaction represented Countplus’ 13th acquisition.
Count said the transaction had involved the payment of $970,904 for a 25 per cent interest, which was settled with $388,241 in cash and $582,362 in Count shares.
Commenting on the move, Countplus chief executive Jeremy Wardell said the business had unique intellectual property in its administration that was highly scalable and also applicable to other industries that employ contractors.
Recommended for you
AFCA has revealed to Money Management the number of Dixon Advisory complaints it has closed so far out of the more than 2,700 total complaints received.
The Financial Advice Association Australia is launching a new brand awareness campaign that includes promoting the advice profession as an attractive option for career changers.
Half of financial advisers and wealth managers in Asia-Pacific plan to increase their clients’ exposure to private equity and multiprivate asset solutions, according to a survey by Schroders.
The former Iress chief executive has joined an NSW advice firm, Profile Financial Services, as an independent non-executive director.