Premium Wealth Management has further expanded its membership base with Queensland-based practice Total Solutions Group joining its dealer group.

Total Solutions Group manages the accounts for 8,000 clients of Save on Tax in two offices.  Save on Tax Principal Peter Mitchelson is a former academic in tax and accounting, and an accomplished author for the largest academic publishing houses in the world. Peter designed Australia’s first online Masters in Financial Planning degree program, fully accredited by the FPA in 2001.Total Solutions Group was born to service the financial and lending needs of the Save on Tax clientele and provide an additional layer to their exceptional service.

Premium CEO, Paul Harding-Davis, said Queensland is continuing to be an area of strong growth for the dealer group.

“Premium gives our member organisations the opportunity to continue operating as boutique businesses, while at the same time streamlining back office systems and gaining economies of scale.  Queensland has always favoured the boutique model, so we are pleased that our approach continues to find resonance in this market.

“Peter Mitchelson and his team, including Michael Chazikantis, the Director of Total Solutions Group, have ambitious growth plans and I found our discussions to represent a new way of thinking about business growth in this market.  We are very pleased to welcome Total Solutions Group to Premium Wealth.

Peter Mitchelson said Premium Wealth was a natural fit with his business.

“I knew the excellent reputation of the Group and that they have helped many other businesses successfully grow, while remaining non-institutionally owned.  I also believe the strong compliance regime, education and support systems sets Premium apart from other dealer groups.”

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