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Advice firm announces merger

Partners Wealth Group (PWG) has announced a merger.

PWG has merged its legal division with Nick Stretch Legal to form a new joint venture - Partners Legal Solutions, it said in a statement on Monday.

The newly formed firm will practice as a traditional boutique law firm as well as in-house counsel to PWG as of March 2022.

“Most law firms will simply look at your legal requirements in isolation, without collaboration with your accountant and financial advisor,” said PWG managing director Matthew Cassidy.

“Having an in-house firm means faster collaboration and quicker resolutions - rather than dealing with multiple parties. With Partners Legal Solutions you now have a single point of contact coordinating across all professional services,” Mr Cassidy noted.

Partners Legal Solutions will also be expanding its service offering to clients, including new services such as M&A, corporate compliance, commercial litigation, insolvency and reconstruction, IPOs and listings, and on-market capital raising.

“We are welcoming a new and exciting opportunity for PWG to expand its services and gain a greater depth of expertise. We still have the ambition to be the most trusted voice in independent wealth management," Mr Cassidy said.

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Late last year, the wealth manager launched a new investment business, with a key focus on unlisted, wholesale-only opportunities.