Centric expands to meet SMSF demand
Centric Wealth has expanded into Newcastle in NSW to cater to its high number of SMSF retirees.
The Wickham office is Centric’s first base outside of a capital city and a “natural next step” for the business, according to Centric’s chief executive Phil Kearns.
“We understand that many Australians are looking to decrease their cost of living while enhancing their quality of life. Locating in a major regional centre such as this is an attractive alternative to city living,” Mr Kearns said.
“We understand that Newcastle has a high number of self-employed business people and SMSF retirees. The need for sound financial advice is particularly strong among these groups.”
Centric’s Adam Pearsall will head up the new office and emphasised the importance of education and advice for SMSF trustees.
“Changes to super contribution limits and SMSF regulations will impact many individuals and small business owners," he said. "As such, ensuring you are educated about which wealth accumulation strategies are available has never been more important.”