Perth advice firm merges with global insurer
Perth financial advice firm Wealth Management Partners (WMP) has merged with global financial services firm Gallagher.
The two firms said this will enhance its service offering on the west coast, where WMP will join Gallagher’s benefit and HR consulting division.
WMP is led by Steve Beattie as managing partner, who set up the financial planning side of the business in 2003 with senior partner Troy Hartley, and specialises in retirement plan risk management for individuals and corporate clients.
As part of the deal, WMP's team, including Beattie, Hartley and senior partners Janusz Mazurek and Adrian Whitaker, will continue to operate from their current location under the leadership of Graham Campbell, head of Gallagher’s employee benefits and HR consulting operations in Australia.
Gallagher is a global insurance brokerage, risk management and consulting firm founded in Chicago in 1927 by Arthur J Gallagher. It currently works with more than 125,000 Australian businesses, and has 30 regional offices across the country.
The firm said: “We are pleased to announce the merger of Wealth Management Partners with Gallagher. We are growing our financial adviser team and expanding our presence in Perth with more talent and experience to help support Australians with their financial goals.
“In Australia, Gallagher’s Benefits & HR Consulting operation brings together financial wellbeing, workplace culture, and employee benefits to empower Australians to make the best decisions for their health, wealth and future. Their holistic wealth management and financial planning team are dedicated to helping their clients face their future with confidence.”
WMP added: “Our services remain unchanged, but as part of the Gallagher family we will be able to offer our community more resources, more talent and more experience to help Australians create their sustainable path to financial success.”
Last year, Western Australia-based Integro Private Wealth partnered with AMD Chartered Accountants to provide residents in regional Western Australia with greater access to financial advice. This would see AMD’s clients able to access advice from their regional Western Australian offices in Mandurah, Bunbury, Geraldton and Margaret River, and allow Integro’s clients to access accounting services from AMD.
Meanwhile, four individuals, including three senior staff from Canaccord Genuity, collaborated to launch their own Western Australian wealth management firm in November. Leeuwin Wealth focuses on offering dedicated wealth management and corporate finance services to Western Australian individuals and companies.
AUTHOR
Laura Dew
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