Forbes Fava Saville expands Melbourne advice network with acquisition of Financial Planit

Forbes Fava Financial Planning (FFFP) Senior Financial Planner and CEO Cameron Forbes has announced the acquisition of Melbourne-based financial planning business Financial Planit Pty Ltd.

Located in the suburb of Bundoora, Financial Planit was founded by Anthony Buckley in 2004 as a boutique wealth management business to provide financial advice in retirement, superannuation, SMSF, risk insurance and estate planning. 

The planning business will be rebranded FFSP and continue to operate from its premises in Bundoora.

As the result of the latest acquisition, FFSP will operate from the following three locations -

126 Torquay Road, Grovedale

34 Amis Crescent, East Keilor

Lvl 2, 1-3 Janefield Drive, Bundoora

Commenting further Cameron Forbes said "We are excited to welcome Anthony, staff and clients to the FFSP team.  This acquisition represents another key step in our long-term strategic objective to expand the group's presence in the Victorian marketplace".

"Financial Planit is an outstanding business with an identical philosophy and culture to us, which made them a natural fit. 

"An immediate benefit for the firm will be access to FFSP's adviser driven operational framework that is dedicated to delivering the highest standards of advice, service, capability and capacity, training / professional development, as well as driving efficiencies and growth opportunities."

Anthony started his working life as an accountant before deciding to transition to Financial Planning in 2000 as he felt he could better assist clients to navigate their financial journeys and achieve their wealth creation, retirement, business / personal insurance protection and lifestyle goals.  In 2004 he established Financial Planit.

Anthony Buckley said the key factors in the decision to become part of FFSP was the long-term personal and professional relationship with FFSP General Manager Gus Smarrini and the aligned values and philosophy between the two firms that facilitated a natural and strategic fit.

"Additional strategic drivers to joining FFSP was the need to find the right business partner in order to ensure continuity of service for our clients as well as the need for a succession / exit solution to be in place well before the need to retire is considered", affirmed Anthony Buckley.

"An immediate benefit of the new structure has been the freedom to focus on the key areas I'm good at and where I can add the most value, which is assisting and working with my clients to achieve their long-term financial objectives."

Cameron Forbes added, "The acquisition of Financial Planit has been the catalyst for a steady stream of enquiries from financial planning practices.  This is understandable considering the ongoing industry changes and the benefits of FFSP's marketplace offer, structure, administrative framework, flexibility and scale".

"We are not obsessed with growth and remain committed to 'managed' growth in order to continue being an intimate organisation that delivers professional financial advice, service and support on a personal and local level.  Looking to the future, I'm confident the FFSP will strengthen its footprint in the Victorian marketplace.

Issued by Forbes Fava Saville Financial Planning       www.forbesfavafp.com.au    

Media Enquiries:   Mr. Joe Perri, Joe Perri & Associates Pty Ltd

                                    Mob:  +61 412 112 545     Email:  jperri@joeperri.com.au