subscribe to our newsletter
Aura Group acquires SMSF accounting firm

Aura Group acquires SMSF accounting firm

Aleks Vickovich
16 June 2015 — 1 minute read

Multinational investment manager and corporate advisory firm Aura Group has acquired a majority stake in a Sydney-based SMSF specialist advice and accounting boutique.

Accountable Financial Group (AFG), a self-licensed firm which provides SMSF, insurance and investment advice and was launched in response to the removal of the accountants’ exemption, has accepted a cash offer from Aura.

“[AFG] allows accountants to continue offering SMSF and superannuation advice to clients by offering multiple solutions ranging from minimum regulatory training requirements, a licence which allows accountants to offer bespoke advice authorisations, including general, limited and comprehensive advice solutions,” said a statement.

Aura Group managing director Calvin Ng said he was attracted to the firm’s almost $1 billion in funds under advice and access to SMSF investors.

Aura Group acquires SMSF accounting firm
smsfadviser logo
join the discussion

Do you think the government should reinstate the accountants’ exemption for SMSF advice?


Get the latest news and opinions delivered to your inbox each morning

In this month's issue:

  • Time wrap
  • The tech bull run
  • From hobby to passion
  • Golden Years
  • An untimely reminder
  • Why change is so difficult
  • Key Strategies for equalising super