Finance advice businesses merge

CEO of CAG, Daniel Brown

From the beginning of March, Coastal Advice Group (CAG) will merge with Money Tree Financial Group to form one of the largest financial advice businesses on the Central Coast.

Three businesses currently make up CAG: Central Coast Financial Planning Group (CCFPG), Newcastle Financial Planning Group (NFPG), and Sydney Wealth Advisors (SWA).

CEO of CAG, Daniel Brown, said merging the two advice businesses will allow them to bring more value to their clients and improve the quality of services available to the Central Coast.

“This acquisition increases the scale of and depth of experience in our advice team, which will allow us to bring better services, greater support and more resources to our collective clients,” Brown said.

“The growth of our team means we are able to pair our clients with an adviser who has similar passions, experience and expertise in the areas of advice they require support, resulting in greater success for all our clients.”

Managing Director of Money Tree Financial Group, Mark Peters, has worked in the financial industry for 30 years and is excited about uniting with CAG which he said will bring more value to his existing client base.

“We are thrilled to join a team of extremely experienced advisers and be a part of such a highly motivated team like that at Coastal Advice Group.

“I am confident that joining forces will allow us to achieve even greater outcomes for our clients, and our entire team is looking forward to having more resources to support us and our valued clients.”

CAG was recently awarded Practice of the Year by licensee, RI Advice Group.

CCFPG also received the 2020 Central Coast Local Business Award for the most Outstanding Professional Service Business.

Originally from the Central Coast, Brown said he is passionate about bringing better financial solutions to people on the Central Coast.

“We are excited about the fresh perspective and new ideas Mark and the Money Tree team can bring to the table as we continue to evolve and grow as a business,” he said.

“The connections and friendships we have forged with our clients pushes us to continually excel in the value we deliver.”

Source:
Media release, Feb 18
Central Coast Financial Planning Group