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Chan & Naylor announces sixth joint venture

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By Reporter
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3 minute read

Wealth advisory group Chan & Naylor has announced its sixth joint venture partnership of the year, with Melbourne-based Sandro Bagnati of the Accum Group.

Chan & Naylor said the firm had maintained its commitment to clients in growing suburban catchment areas by expanding to 24 offices in 15 locations across Australia through its joint venture program. 

Chan & Naylor chief executive John Harriott said the company has responded to an increasingly consolidated industry by recognising potential growth opportunities, both within and outside metropolitan centres in Australia.  

“Our goal to meet growing demand by providing a holistic one-stop accounting and wealth advisory service in more suburban and regional centres that are earmarked for growth produces repeatable, portable success,” said Mr Harriott. 

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Sandro Bagnati, a certified accountant with 30 years' experience, said joining Chan & Naylor “exemplifies the notion that larger is better.” 

“With a well-resourced and centralised structure, Chan & Naylor’s national capability will add a significant dimension to how we grow and evolve in Moonee Ponds,” he said. 

Mr Bagnati said he believes wealth creation and property investment, particularly through SMSFs, are two specialist growth opportunities for his firm. 

“The ability to invest in property through superannuation has captured the attention of many people living in both regional and suburban Australia,” he said. 

“However, to do so requires innovative tax strategies and effective asset protection, both of which, and more, is offered by the Chan & Naylor service.”

Mr Harriott said Chan & Naylor would continue to offer firms the opportunity to join its national brand through joint venture arrangements. 

“This is based on CN investing in an equity share and driving mutual growth whilst the joint venture partner retains operational control of their business and client engagement.”