Independently-owned financial planning group, Premium Wealth Management, today announced the recruitment of a new advisor firm to its dealer network.
The firm, Pearman Financial Management, is located in The Centre, Forestville in Sydney’s north. The Firm was established in 1999 with a specialist focus on risk insurance.
Principal Advisor, Glynn Pearman, said; “We were looking for a business model that would allow us to further develop our risk management specialisation. Premium offered a far more flexible model than other dealer groups, one that allows us to manage our clients in the way that has worked for us for many years.”
Premium CEO, Paul Harding-Davis, said Premium wasactively recruiting advice firms who wished to maintain business autonomy in the wake of wide-scale buy-outs by major banks and institutions.
“The business model of Premium is focused on allowing advisor firms to build their own business models without the constraints ofvolume-based fees or in-house products to push to clients. This allows our members to grow their own businesses in the way that suits them and their clients. We are finding that this model is particularly attractive to independently-minded firms as more and more dealer groups are swallowed up by the big institutions.
“Pearman stood out among other firms we have reviewed, thanks to their very strong compliance focus. We welcome Pearman to the Premium team and look forward to making further announcements on our expansion in the coming months.”
Pearman Financial Management is comprised of two principals and four staff and services approximately 500 individuals and families on Sydney’s North Shore.