Sentry purchases Keating McCullough & Associated in Queensland.
Sentry Financial Group has given itself a stronger presence in Queensland, with the acquisition of boutique dealer group Keating McCullough.
"Keating McCullough is a speciality life and risk-based network of advisers, and has strong synergies with other Sentry operations and activities," Sentry group chair and chief executive Murray Hills said.
"The acquisition provides Sentry with both a strong and reputable planning practice in Queensland and a solid and experienced network of financial services professionals," he said.
The deal will boost the number of authorised representatives operating under the Sentry banner, bringing the total number of advisers and financial planners in the group to 95.
Principals of Keating McCullough, Mike Keating and Doug McCullough, will continue to work for the group after the purchase, to service their existing client base.
The acquisition comes six months after Sentry formed a strategic partnership with ING Australia, specifically to facilitate an aggressive growth plan.
"Sentry has entered a new and exciting phase... and will progress rapidly in the national financial services marketplace, as the dealer group's long term growth strategy is steadily implemented, with further acquisitions and recruiting growth," Hills said.
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