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WT Financial Group Ltd. ( (AU:WTL) ) has issued an announcement.
WT Financial Group Limited, in partnership with Merchant Wealth Partners, has announced significant developments in their joint venture, Investco. The incorporation of the first Hubco, Titan Advice Group, and the acquisition of Rushby Financial, along with the formation of a second Hubco, highlight WTL’s strategic expansion and investment in high-potential financial advice practices. These initiatives aim to create scalable platforms for further acquisitions and operational efficiencies, positioning WTL at the center of a high-growth investment platform. The partnerships are expected to deliver long-term value for both the practices involved and WTL shareholders.
More about WT Financial Group Ltd.
WT Financial Group Limited is one of the largest financial adviser networks in Australia, offering wealth management, retirement planning, and personal risk insurance advice services through approximately 400 privately-owned advice practices. The company’s B2C division provides financial advice services directly to wholesale and retail clients under the Spring Financial Group brand. Additionally, the Wealth Adviser division serves as the central services hub, offering support and market-leading solutions to advisers and clients, including seminars and financial literacy publications.
Average Trading Volume: 155,222
Technical Sentiment Signal: Buy
Current Market Cap: A$47.91M
For an in-depth examination of WTL stock, go to TipRanks’ Overview page.