Winchcombe begins the push statewide
IOOF-ownedWinchcombe Carson Financial Planningwill expand into the Western Australia adviser market next month after it signs up eight planners recently resigned from an unnamed dealer group over the next few weeks.
The latest move by the Melbourne-based dealer group builds on the firm’s recent expansion into the South Australian market. It also has plans to expand into Tasmania by the end of the year, with due diligence being performed on practices in Hobart and Launceston, says regional manager Victoria, Tim Van Leeuwen.
In Western Australia the group will kick off its push into the state once it confirms the signatures of eight planners. The planners will all be serviced by regional manager South Australia, Michael Taylor, who will now be responsible for both states.
Taylor became responsible for South Australia earlier in the year, when the group signed up the same number of advisers in Adelaide, taking its planner count to 105 nationally.
Leeuwen will also have an expanded portfolio by becoming responsible, in addition to Victoria, for Tasmania when the group signs up practices in Hobart and Launceston.
In addition to South Australia, IOOF-owned Winchcombe has 48 advisers in Victoria and the same number collectively across New South Wales and Queensland, Van Leeuwen says.
Winchcombe, with over $1.6 billion in funds under advice, has an unrestricted dealer’s licence and is also registered as a life broker.
AUTHOR
Craig Phillips
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