QLD advisory firm establishes new AFSL
Queensland based advisory firm, Complete Financial Balance (CFB), has joined the Arthur J. Gallagher group under a new Australian financial services licence (AFSL).
CFB director and principal, Tapel Cafer, said the move was part of the firm's growth strategy.
"The opportunity to be part of a larger group is compelling and we will be able to provide our clients with many new services and areas of expertise," he said.
CFB founding director, Graham Campbell, said CFB was delighted to be part of Gallagher's employee benefit consulting and brokerage operations and looked to enhance their advice and benefits proposition to small and medium enterprises (SMEs) and large corporates in the Australian market.
CFB was founded in 2002 and offered a full suite of advisory services to the medical and SME market.
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.
