Esencia Wealth enters Queensland with dual merger

Advice firm Esencia Wealth has expanded into Queensland through simultaneous mergers with Financial 3 Wealth and Marsden Wealth Advisers, adding about 300 clients and four advisers to its national business.
It marks Melbourne-based firm’s second deal this year, following its merger with FMA Wealth in February. The firm has been pursuing active expansion strategy since it formed two years ago through the merger of Advice Wise, Insight Private Wealth, Sovereign Wealth Partners and Randle Advisory.
It has also announced Financial 3 Wealth co-founder Travis Hinchy and Marsden Wealth Advisers principal Richard Marsden will join Esencia as partners under the terms of the transactions.
Esencia’s chief executive Matthew Fenning said Queensland expansion is a significant step toward building a truly national advice business.
“Financial 3 Wealth and Marsden Wealth Advisers share our commitment to exceptional client service, a people-first culture, and an innovation mindset, making them ideal partners to lead the establishment of our presence in Queensland,” Fenning said.
“We’re focused on building a world-class advice business where experienced advisers and emerging talent can thrive together. Our Queensland team will serve to amplify our purpose – to change our clients’ lives.”
Financial 3 Wealth’s co-founder and managing director Travis Hinchy said the cultural alignment had been central to his decision to merge.
“I am excited to join the Esencia Wealth team, whose culture aligns with the spirit that Financial 3 was built on – our clients can look forward to a continuity of service excellence and care,” he said.
Marsden Wealth Advisers’ principal Richard Marsden said joining Esencia would allow him to pursue growth without sacrificing service quality.
“Joining Esencia Wealth holds great appeal, as I can keep delivering a tailored client approach to helping clients achieve their financial goals, with the support of a dedicated team,” Marsden said.









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