MUNDY_Nick_150x150Nick Mundy, partner and private client adviser
Minchin Moore Private Wealth
Mosman, NSW

Minchin Moore Private Wealth, based in the Sydney suburb of Mosman on the city’s lower north shore was formed in 2011 when financial planning businesses operated by Mark Minchin and Peter Williams merged.

In 2013 Minchin Moore acquired Strong Financial, both operating under the Securitor licence. The firm has since launched an office in Walcha run by Angus Warden and most recently merged with Perkins Portfolio Management, giving the business an additional presence in the regional NSW town of Orange.

Partner and private client adviser Nick Mundy says the firm’s offering is “focused on clients with high levels of complexity, typically with a considerable investable asset base, who wish to have a financial adviser as part of their personal affairs”.

In February this year the firm began operating under its own Australian financial services licence (AFSL), a goal Mundy says the firm had since inception.

“Securitor played an important role in our infancy, but as we matured it became evident we no longer needed that level of support,” he says.

“This was a natural progression now we have some scale and we are resourced appropriately. The change is largely symbolic, as we have always operated in a manner you would expect from an independently licenced firm.

“We have always been motivated to sit on the client’s side of the table, which meant in the long term we couldn’t be seen to be associated with an institutional brand or dealer group.

“It was important that we launched our own independent AFSL at the time of the merger.”

Download the full 24 HOURS article as a PDF

Interested in having your business considered for a future 24 Hours article? Email a brief profile of the business to Professional Planner.

Other 24 HOURS articles: DMG Financial – Sale, Victoria

Professional Planner is the leading source of news, information and analysis for Australia's professional financial planning community.
Leave a comment