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Centrepoint Alliance Finalizes Acquisition of Brighter Super’s Advice Book

Story Highlights
  • Centrepoint Alliance Limited is acquiring Brighter Super’s Annual Review service advice book.
  • The acquisition will transition about 316 members to Centrepoint’s network, enhancing its client base.
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Centrepoint Alliance Finalizes Acquisition of Brighter Super’s Advice Book

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An update from Centrepoint Alliance Limited ( (AU:CAF) ) is now available.

Centrepoint Alliance Limited has announced the completion timetable for its acquisition of the Annual Review service advice book from Brighter Super, a Queensland-based industry fund. The transaction, executed through Centrepoint’s Financial Advice Matters Pty Ltd, involves transitioning approximately 316 members to Centrepoint’s network, with settlement scheduled for June 13, 2025. This acquisition is expected to enhance Centrepoint’s strategic advice offerings and expand its client base, reinforcing its position in the financial services industry.

More about Centrepoint Alliance Limited

Centrepoint Alliance Limited (ASX: CAF) is a prominent provider of financial advice and services in Australia, catering to financial advice firms and clients. The company operates through five core business lines: Licensee Services, Financial Advice, Investments, Platforms, and Lending. These services encompass licensing, practice management, compliance, research, education, technology, personalized financial advice, investment solutions, portfolio services, and lending support.

Average Trading Volume: 166,509

Technical Sentiment Signal: Buy

Current Market Cap: A$72.59M

Learn more about CAF stock on TipRanks’ Stock Analysis page.

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