Singapore and Sydney-based wealth firm Aura Group has acquired financial advice licensee Australian Capital Financial Planning (ACFP).
Under the terms of the deal, ACFP’s 27 authorised representatives will now join a dealer group with almost 100 advisers.
Aura funds and wealth management managing director Craig Mowll said financial advisers in the group now have access to services covering funds management, legal, accounting, property, lending and wealth management".
Aura acquired a majority stake in boutique firm Accountable Financial Group (AFG) in June 2015.
As the time, Aura managing director Calvin Ng said his firm was attracted to AFG's $1 billion in funds under advice and access to SMSF investors.
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