Stanford Brown expands into accounting

Stanford Brown Jonathan Hoyle Deloitte

5 March 2020
| By Mike |
image
image
expand image

Wealth management group Stanford Brown is expanding further into the accounting space.

The company has announced its purchase of local accounting business, Clem Hill and Associates, along with the recruitment of senior Deloitte executive, Dean Crossingham to lead the new accounting business.

Commenting on the move, Stanford Brown chief executive, Jonathan Hoyle said the acquisition fulfilled a long-held ambition to offer clients tax and accounting services.

“Due to rapid advances in cloud-based technologies, a much tighter regulatory environment and the increasing prevalence of cyber fraud, we are firmly of the view that financial planning and accounting services belong under the same roof,” he said.

Read more about:

AUTHOR

Recommended for you

sub-bgsidebar subscription

Never miss the latest news and developments in wealth management industry

MARKET INSIGHTS

Completely agree Peter. The definition of 'significant change is circumstances relevant to the scope of the advice' is s...

3 weeks 4 days ago

This verdict highlights something deeply wrong and rotten at the heart of the FSCP. We are witnessing a heavy-handed, op...

1 month ago

Interesting. Would be good to know the details of the StrategyOne deal....

1 month ago

Insignia Financial has confirmed it is considering a preliminary non-binding proposal received from a US private equity giant to acquire the firm. ...

1 week 2 days ago

Six of the seven listed financial advice licensees have reported positive share price growth in 2024, with AMP and Insignia successfully reversing earlier losses. ...

5 days 3 hours ago

Specialist wealth platform provider Mason Stevens has become the latest target of an acquisition as it enters a binding agreement with a leading Sydney-based private equi...

4 days 7 hours ago