Lonsec Fiscal Holdings (LFH) has announced the appointment of independent consultants to help identify and exploit future growth opportunities and further consolidate its leading position across the financial services industry.
LFH encompasses a number of entities such as, Lonsec Research, Lonsec Stockbroking, SuperRatings, Adviser Network and digital agency Toowards.
The review aims to ensure LFH is best positioned to capture opportunities and accelerate the group’s next phase of growth.
One potential outcome of the review is for LFH to take on a strategic partner which would bring both capital and new business opportunities to the group. Should a compatible strategic partner be identified, one option would be for that partner to take a minority equity holding in the LFH business.
The review will not impact on the existing core LFH businesses or its clients.
LFH is confident an outcome to the review will be reached in coming months.
