Link Wealth acquires majority stake in Sky Advisers – expanding into Tasmania
Stephen Sloane
Link Wealth, a leading financial services firm, has acquired a 60% stake in Sky Advisers, a full-service financial advisory firm based in Hobart. Established in 1985, Sky Advisers has built a strong reputation for delivering high-quality financial advice. This strategic partnership reinforces Link Wealth’s commitment to partnering with firms that align with its values, growth ambitions, and focus on operational efficiency.
This acquisition marks a significant step in Link Wealth’s broader expansion strategy across Australia. Link Wealth’s growth strategy revolves around collaborating with firms that not only exhibit strong potential for growth but also demonstrate the right cultural fit across various states.
Stephen Sloane, Managing Director of Link Wealth, said: “Our strategy isn’t just about growth—it’s about meaningful growth. When the opportunity to partner with Sky Advisers arose, we immediately saw their alignment with our values and vision. While Tasmania wasn’t initially on our radar, this partnership fits seamlessly into our long-term strategic objectives across the states.”
He added: “We focus on firms that share our cultural values and commitment to delivering exceptional client outcomes. Sky Advisers is the perfect partner.”
Daniel McCarthy, Managing Director of Sky Advisers, commented: “Partnering with Link Wealth represents an exciting new chapter for our clients and team. Their growth-oriented approach, underpinned by shared values, perfectly aligns with our vision for the future. We look forward to leveraging Link Wealth’s resources and expertise to enhance the services we offer.”
The partnership will focus on advising professionals and business owners in their wealth accumulation phase, typically aged between 30 and 55.
“This demographic is at a pivotal stage where strategic financial advice can make a significant impact,” Sloane noted. “We’re passionate about providing the guidance and support needed for clients to help them achieve their financial goals in every state we operate.”
As part of the acquisition, Link Wealth will integrate its proprietary back-office solution, Levera Solutions, with Sky Advisers. This integration will streamline operations, drive efficiencies, and allow advisers to focus on client relationships while accelerating business growth.
“Levera Solutions enables us to remove the operational burden from advisers, allowing them to dedicate more time to their clients,” said Sloane. “With Levera’s support, we can rapidly scale operations, increasing adviser productivity and enabling practices to expand. The plan is to triple Sky Advisers’ business in the next year.”
Looking ahead, Link Wealth remains committed to strategic expansion, with plans to acquire additional firms in Queensland, Victoria, and other key states.
“We’re just getting started,” Sloane affirmed. “In the past 12 months, we’ve successfully acquired three firms, and we’re targeting another four in the coming year. Our goal is to empower advisory businesses with the resources, expertise, and operational efficiencies needed to thrive.”
