subscribe to our newsletter
SMSF practice parts ways with AMP

SMSF practice parts ways with AMP

Katarina Taurian
07 November 2016

A Sydney-based SMSF advice practice has parted ways with AMP after 14 years to join Fortnum Financial Advisers.

Cardena Private Wealth, previously trading as Arrive Wealth Management Sydney, had been authorised by AMP’s Hillross dealer group for the last 14 years.

The firm’s director, Jonathan Kilborn, said the move to Fortnum came as the business looked to grow.

“We considered all our options, including applying for our own AFSL, and conducted an extensive review of the market before deciding to partner with Fortnum,” Mr Kilborn said in a statement.

“We wanted a licensee that was not part of a financial institution and had a long proven track record of successfully running a dealer group and overseeing the provision of client-centric financial advice.

“Fortnum will support us to focus on growing the business while doing what we do best, which is look after our clients.”

“We are extremely pleased to have a high-quality professional services firm like Cardena join Fortnum, managing director of Fortnum Financial Advisers Joel Taylor said.

“We are very selective of the practices we take on and our advisers set a high bar in terms of professionalism. Cardena is a great fit.”

Mr Taylor added that Fortnum is experiencing strong momentum and is well-positioned for future growth.

 

SMSF practice parts ways with AMP
smsfadviser logo
join the discussion

What do you plan to do in response to the new adviser education standards?

SUBSCRIBE TO THE
SMSF ADVISER BULLETIN

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