Financial services firm Partners Group is adding a legal arm to its ranks in response to demand from accountants.
"In this changing investment and legislative environment, our accounting clients have asked us repeatedly to increase the scope of our services to assist them in building and protecting the wealth of their clients," Partners' chief executive Chris McMahon said.
The new practice, Partners Legal, will employ eight staff with former president of the Law Institute of Victoria, Peter Gandolfo, the managing partner.
The group will provide estate planning and management, business succession planning and corporate, commercial and property transaction services.
"While Partners Legal provides clients with the same ethical protection they'd receive from any other legal practice, they also have the added benefit of input from advisers across all financial services' disciplines," Gandolfo said.
Partners Group currently has 40 staff based in Victoria. It offers retirement planning, investment advice, self managed super fund services, personal and business insurance and mortgage offerings.