Two Sydney-based advice firms join forces

Pedro Gonçalves
clock
Two Sydney-based advice firms join forces

Advice firms Twelve Wealth and Minchin Moore have announced they will join forces in response to the changing financial advice landscape in Australia.

Minchin Moore is headed up by managing partner Mark Minchin, who said of the merger: "Having observed Cathryn build Twelve Wealth and blaze a new path, we have little doubt that our values and beliefs are perfectly aligned."

Twelve Wealth founder Cathryn Gross is now partner and principal adviser at Minchin Moore.

I am incredibly confident that this merger will allow us to deepen and broaden the advice we offer our clients"

"I founded Twelve Wealth because I wanted to provide financial advice to people who were feeling overwhelmed and needed clarity around what their future might look like. As our client numbers have grown, I've realised we need a more robust service offering if we are to provide value to our clients over the long term.

"Minchin Moore is an established business whose values and Investment philosophy align with ours. I am incredibly confident that this merger will allow us to deepen and broaden the advice we offer our clients," Cathryn Gross added.

Two part-time employees worked with Gross at Twelve Wealth, and both have moved with her to Minchin Moore.

Gross believes her clients will benefit from a stronger offering, given Minchin Moore's dedicated investment team and practice manager, and a team of more than 20 who ensure compliance.

 

Subscribe to International Investment's free, twice-daily, newsletter