Private banker establishes wealth management firm
Wealth management service provider, Integral Private Wealth, was established today by financial adviser, David Simon.
The firm licensed by Securitor will provide services to established business owners, executives, professionals and families, and self-funded retirees.
"Integral Private Wealth will have an independent focus and will remain institutionally connected with access to the latest research and intelligence," Simon said.
"Australians seeking financial advice are seeking more transparent relationships, superior service and outcomes that are in their best interests."
Simon was previously a financial adviser at Westpac for 15 years, and according to the Australian Securities and Investments Commission's (ASIC) adviser register shifted his license to Integral on Wednesday.
Securitor is part of the Westpac Group.
Recommended for you
Original bidder Bain Capital, which saw its first offer rejected in December, has returned with a revised bid for Insignia Financial.
Preliminary results from Wealth Data for the 2024 calendar year have unveiled which licensees reported the highest growth and losses in adviser numbers.
As Capgemini recommends artificial intelligence be used for hyper-personalised advice strategies, two professionals explore the impact it is having on advisory practices.
Insignia Financial has issued a statement to the ASX regarding a potential bid from a third global private equity business to acquire the firm.
