Greg Cook
Eureka Financial Group (Eureka) will more than double in size following their successful acquisition of assets from the highly-respected Queensland financial planning group Whittaker Macnaught.
As one of the biggest wealth management groups under the Commonwealth Bank-backed Financial Wisdom banner and winner of the 2011 Financial Wisdom Practice of the Year, Eureka will now be known as Eureka Whittaker Macnaught.
Greg Cook, Chief Executive Officer of Eureka Whittaker Macnaught, said, “Whittaker Macnaught is one of the most prestigious names in wealth management and we are delighted to continue their heritage by renaming our business.”
Whittaker Macnaught was one of the first dedicated financial planning businesses established in Queensland.
“We look forward to providing our existing and Whittaker Macnaught clients with excellent financial planning solutions under our new brand. This doubles the scale of our business and is a big step in our plans for a national footprint,” Mr Cook said.
Industry veteran and co-founder of Whittaker Macnaught, Noel Whittaker, has been appointed as Ambassador for Eureka Whittaker Macnaught and will attend upcoming events to mark the founding of the new business.
“I have worked closely with Greg Cook and Eureka for the past three years and I am very pleased to see that his respected firm is now taking care of Whittaker Macnaught clients,” Mr Whittaker said. “I know the clients will be in good hands.”
With a heritage dating back to 1993, Eureka is a leading, multi-award-winning practice operating under the Financial Wisdom Limited licence. The practice is privately owned by directors Greg Cook and Andrew Jones.
Whittaker Macnaught, a wholly-owned subsidiary of the Commonwealth Bank of Australia (CBA), has been Queensland’s trusted name in financial advice for over 30 years and was one of Australia’s longest running financial advice businesses, with planners operating in offices right across Queensland.
Mr Cook, who will be moving to Queensland to head up the new combined business said Eureka Whittaker Macnaught will be working hard to ensure a smooth transition for all concerned.
“We will be working with transition teams from Whittaker Macnaught, Financial Wisdom and CBA to help the process run smoothly,” he said.
Mr Cook said Eureka Whittaker Macnaught will be expanding its team to include some familiar Whittaker Macnaught faces who will add a great depth of experience, technical ability and client insight.
“We’ve already got a team on the ground in Queensland, most of whom were long term Whittaker Macnaught employees,” he said.“We are very much looking forward to working with them.”