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.
Recommended for you
With regional and rural suburbs exhibiting high spare capacity to invest, Money Management speaks to three regional advisers on the opportunities beyond the major cities and the importance of a strong network.
Platform consolidation is expected to accelerate among financial advisers this year, as software company Finura pinpoints which two platforms are set to be the winners, thanks to this trend.
The software provider has made several appointments in its APAC wealth propositions team, with a focus on driving growth across digital advice, Xplan and strategic partnerships.
The platform has announced it plans to close its Xplore managed discretionary account service in 2026 which holds $2 billion in funds under administration.