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WTL merges three advice firms
Financial Standard
|April 22, 2025
WT Financial Group (WTL) is consolidating three financial advice practices - Titan Financial Planning, Darwin Financial Services and Wealth Connect Financial Services - after announcing its joint venture with Merchant Wealth Partners this week.
The joint venture known as “Investco” will inject an initial $3.5 million into the newly formed national group called “Hubco" in return for a 36% equity stake.
The capital will be used to pay down debt, support business growth, and allow the founding principals to realise some of their equity, the announcement from WTL said. Hubco is expected to be debt-free post-transaction.
Esta historia es de la edición April 22, 2025 de Financial Standard.
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