MQ Financial Services, one of south-east Queensland’s premier advice businesses, has created a role of chief executive officer and appointed Steve Watts to drive its growth plans and set its strategic direction.
MQ Financial Services (MQ) has offices in Upper Mount Gravatt, Gold Coast and Kawana. MQ has 14 authorised representatives providing strategic, quality advice. They currently manage $600m and have a target to grow revenue by more than 300 per cent.
Watts has over 30 years in banking and wealth management with his most recent role being ten years as CBA’s area manager retail sales and service for the far north coast of NSW and prior to that he was with Westpac for over 20 years in various roles covering financial planning, insurance and sales.
When asked why the boutique firm had taken the plunge and appointed a CEO Watts said “Essentially MQ is a group of highly successful planners each in their own right but collectively they recognised that they needed a corporate overlay to take their business to the next level.
“Our mission is simply to be regarded as Australia’s finest boutique private wealth practice,” he added.
Matt Englund, head of dealer groups at BT Financial Group said “This is a smart move by MQ – investing in their business and getting set for success.
“BT Financial Group is committed to supporting our aligned practices to grow and develop their businesses no matter which model they choose,” Mr Englund added.
MQ operates under the Magnitude Dealer Group license which is part of BT Financial Group.
