Premium Wealth Management has added another Queensland-based practice to its dealer group, the third such firm to join the group this calendar year.
Boston Private Wealth is located in Sanctuary Cove and is headed by Neil Heriot. Mr Heriot has been operating as a financial advisor for more than 25 years. Boston manages the financial affairs of more than 100 clients and has been a long-time advocate of a ‘fee for service’ model.
Premium CEO, Paul Harding-Davis, said although Premium had not been specifically focusing on the Queensland area, the state is well-known for its boutique advice firms and the flexible business model of Premium was well suited to firms who wanted to retain control of the way in which their business is managed.
Queensland based director John Woodhouse said “Premium Wealth is finding many like-minded boutique advisory firms, who want the support of a national dealer group, but without the constraints of institutional ownership. Queensland has always been a prime location for the boutique firm, given its large number of retirees, small business people and growth
prospects. We are very excited to welcome Boston to our group and we look forward to announcing further recruitment in the coming months.”
Earlier this year, Premium announced that Meridien Wealth and Platinum Wealth had joined the dealer group. Both are based in Queensland.
