Joel Taylor
Boutique advisory firm Cardena Private Wealth, formerly trading as Arrive Wealth Management Sydney, has joined non-institutionally owned licensee Fortnum Financial Advisers, signalling an exciting new era in the practice’s growth and direction.
Prior to joining Fortnum, the team at Cardena Private Wealth had been authorised by AMP’s Hillross dealer group for 14 years.
Director of Cardena Private Wealth Jonathan Kilborn said the move to Fortnum positioned the business strongly to continue delivering quality professional advice and best-of-breed services to high net worth individuals and families.
“We considered all our options, including applying for our own AFSL, and conducted an extensive review of the market before deciding to partner with Fortnum,” he said.
“Fortnum’s core values, operating model and ownership structure align with our core values and requirements. We wanted a licensee that was not part of a financial institution and had a long proven track record of successfully running a dealer group and overseeing the provision of client centric financial advice.”
“Fortnum will support us to focus on growing the business while doing what we do best, which is look after our clients.”
Managing director of Fortnum Financial Advisers Joel Taylor said: “We are extremely pleased to have a high quality professional services firm like Cardena join Fortnum. We are very selective of the practices we take on and our advisers set a high bar in terms of professionalism. Cardena is a great fit.
“It is an exceptional business with a great team of people.”
Mr Taylor said Fortnum continued to experience strong momentum and was well positioned for future growth.