Centrepoint complete ClearView acquisition
![Puzzle pieces being joined together in sunlight](https://financialnewswire.com.au/wp-content/uploads/puzzle_pieces_hands-min.jpg)
The transaction which sees the ClearView Financial Advice business become part of Centrepoint Alliance is complete.
Centrepoint announced to the Australian Securities Exchange (ASX) yesterday that it had completed the acquisition of the ClearView advice business – something which will see ClearView holding a 25% stake in Centrepoint.
The transaction sees 281 advisers joining the Centrepoint network, with the company stating that it created a powerful combination of intellectual property, sklills, experience and balance sheet access.
Commenting on the completion of the transaction, Centrepoint Alliance chief executive, John Shuttleworth said the combined group had more than 1300 licensed and self-licensed advisers across Australia.
Shuttleworth said the company had finalised the operating model and organisational structure and that from today all employees would be collocated in the Centrepoint Alliance offices.
Just wind them up please so the rest of the financial planning industry can move forward without an albatross around…
Compare the pair.
I have clients who have been told to produce evidence they are with cbus or else they can't work on…
Unionist were appointed to the Reserve Bank Board as some sort of pay off. You missed where the Wayne Swan…
It concerns me that only months ago the Government was considering giving Union based Industry Funds the power to advise…