Centric Wealth's growth plans include acquisitions in 2010
Feb 23, 2010
High end wealth manager, Centric Wealth, has flagged growth plans that include the expansion of its risk insurance capability in 2010, announcing its intention to acquire businesses, particularly in Melbourne, Brisbane and Canberra.
Centric Wealth’s Executive Chairman, Philip Kelly, said Centric is placing strong strategic emphasis on expanding its business through acquisitions across all of its divisions.
“Given the balance of our business, we are keen to do acquisitions of risk insurance businesses during 2010. We do however always welcome inquiries from like-minded professionals across the spectrum of wealth management services that place emphasis on strong client relationships.
“We already have strong risk insurance capability addressing both the personal and business needs of our clients. Our aim now is to acquire successful operations with a vision and client base that is complementary to our own, and which are located closer to our Melbourne, Canberra and Brisbane offices,” he said.
Centric has a network of advisers across:
financial planning,
risk insurance,
lending services,
corporat ebenefit services,
accounting and business advisory,
general insurance and
family office services.
Mr Kelly said that the role and value of a holistic wealth advisory service has been highlighted by the recent global financial events, and that Centric Wealth has experienced a corresponding surge in interest and demand from its clients.
“Risk advice is a vital plank in any financial platform, be it business or personal,” he said. “This is a strong growth area and Centric Wealth aims to offer the most relevant solutions for our clients who are looking for the best possible advice.”
Interested principals should contact the Head of Acquisitions on 02 0250 6576 or email acquisitions@centricwealth.com.au.
For more information or an interview with Philip Kelly, please contact:
Leeanne Bland Jo Cross / Paula McBride
Centric Wealth BlueChip Communication
t: 02 9250 6704 t: 02 9018 8600
m: 0417 470 421 m: 0421 521 849