Mercer’s Financial Advice business is growing its presence in Sydney’s rapidly growing west, with the establishment of a new team in Parramatta.
The move will enable Mercer to be more accessible to financial advice customers in Western Sydney and better service the needs of the firm’s growing Mercer Super Trust client base.
Parramatta, including its surrounds, is the fastest growing region in New South Wales and is undergoing significant investment. It is estimated around 50,000 new jobs will be created in Parramatta in the next 20 years, and by 2050, the region could house 70% of Sydney’s population.
Mercer’s Financial Advice Leader (Pacific), Michelle Smith, said, “We are committed to improving the prosperity of Australians, and the expansion to Parramatta places us at the geographical heart of Sydney and a major business, government and commercial hub.”
“For our clients, this means access to on-the-ground financial advisers, tapped into a global network of researchers and investment experts currently advising on $190 trillion of assets world-wide,” Ms Smith added.
“Mercer was the first salaried advice business in Australia to have every office (60 Financial Advisers) accredited as a Professional Practices of the Financial Planning Association.
“Our advisors have the best of both worlds – we can be product agnostic and we can draw upon the latest thinking, research and market forecasts of our global investment network.” said Ms Smith.
Mercer's Financial Advice team is growing strongly and consists of around 60 highly qualified advisers operating from seven offices around Australia. Advice provided by the team includes:
Mercer will maintain its existing financial advice operations at its Sussex Street office in Sydney’s CBD.
For more information on Mercer’s Financial Advice business, visit http://www.mercer.com.au/about-mercer/lines-of-business/investments/financial-planning.html
Mercer is a global consulting leader in talent, health, retirement and investments. Mercer helps clients around the world advance the health, wealth and performance of their most vital asset – their people. Mercer’s more than 20,000 employees are based in more than 40 countries and the firm operates in over 130 countries. Mercer is a wholly owned subsidiary of Marsh & McLennan Companies (NYSE: MMC), a global professional services firm offering clients advice and solutions in the areas of risk, strategy and people. With 57,000 employees worldwide and annual revenue exceeding $13 billion, Marsh & McLennan Companies is also the parent company of Marsh, a leader in insurance broking and risk management; Guy Carpenter, a leader in providing risk and reinsurance intermediary services; and Oliver Wyman, a leader in management consulting. For more information, visit www.mercer.com.au
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