Elders adds Brisbane firm
A Brisbane-based advice practice has joined the Elders Financial Planning dealer group.
YourFin joined the dealer group, making it the sixth practice to join Elders in the past five months, as it looked to grow in rural and metropolitan areas across Australia.
YourFin head, Johnny Grohovaz, said he joined the dealer group for its compliance structures and the referral networks available from the wider Elders group.
"Elders have been working with me for a considerable amount of time before I joined them in order to make sure the right conditions and structures were in place to make my practice a success, which is a testament to the support network they provide their advisers," Grohovaz said.
Elders general manager, Tony Beaven, said the addition of YourFin would help enhance their financial advice offering in Queensland, adding that Grohovaz was respected in the industry.
AUTHOR
Malavika Santhebennur
Recommended for you
The FSCP has announced its latest verdict, suspending an adviser’s registration for failing to comply with his obligations when providing advice to three clients.
Having sold Madison to Infocus earlier this year, Clime has now set up a new financial advice licensee with eight advisers.
With licensees such as Insignia looking to AI for advice efficiencies, they are being urged to write clear AI policies as soon as possible to prevent a “Wild West” of providers being used by their practices.
Iress has revealed the number of clients per adviser that top advice firms serve, as well as how many client meetings they conduct each week.
