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Murray Hills announces launch of two new WA based financial advisory businesses
By: PFP Financial Group
PFP Financial Services and Personal Financial Planners will operate as individual businesses and will seek to build separate and unique state-based advice brands in WA.
PFP Financial Services is the AFSL and provider of B2B services to financial services businesses and advisers in WA.
Personal Financial Planners is the group's B2C and will operate as a financial planning firm and a Corporate Authorised Representative of the AFSL.
Commenting further about the announcement and decision to focus the businesses solely in WA, Executive Chairman and CEO of both groups, Murray Hills said it was based on two factors –
1) the strong and stable West Australian economy; and
2) the state's wide range of primary, secondary, technology and professional service industries that were predominantly SME owned and operated businesses.
Murray Hills said the new venture was developed in response to growing demand from locally based advise practitioners for a licensee administered by a lean management structure of industry professionals that understood and could personally relate to their issues, challenges and aspirations for the future.
"The Western Australia economic landscape post COVID-19 is evolving at an unprecedented rate and the need for professional dedicated financial services is emerging as a marketplace necessity," affirmed Murray Hills.
"We identified the need for our two specialist brands in which financial advice professionals could work together in a clearly defined operational structure to service and address the needs of West Australian clients and business owners."
Furthermore, the dual business model has been structured with specific service offerings to reflect a growing demand for a specialist boutique advice only proposition and is completely aligned to its financial advisers and their clients.
Assisting financial advisers to operate within a compliant framework whilst maximising business efficiency, capacity and grow by delivering leading edge systems and processes will underpin the PFP Financial Services adviser network offering.
In addition, Murray Hills sees the future as one where the two groups will work closely with fellow advice professionals such as accountants, lawyers and brokers to achieve the best outcomes for clients.
"I am very excited about the future and by the challenge of building, managing and growing a new West Australian based financial advice enterprise to address wealth creation, risk protection and retirement aspirations of WA based clients and business owners", concluded Murray Hills.
Issued by PFP Financial Group www.pfpgroup.com.au | www.pfpfinplan.com.au
Media Enquiries: Mr. Joe Perri, Joe Perri & Associates Pty Ltd
Mob: +61 412 112 545 Email: jperri@
PFP Financial Services