MELBOURNE, Australia - AussieJournal -- Forbes Fava Financial Planning CEO Cameron Forbes has announced the acquisition of Melbourne-based FP business Financial Planit Pty Ltd.

Located in Bundoora, Financial Planit was founded by Anthony Buckley in 2004 as a wealth management business to provide advice in retirement, superannuation, SMSF, risk insurance and estate planning.  The business will be rebranded FFSP and continue to operate in Bundoora.

As the result of the acquisition, FFSP will operate from the following three locations in Grovedale, East Keilor & Bundoora

Commenting further Forbes said "We are excited to welcome Anthony to FFSP team & represents a key step in our long-term objective to expand in the Victorian marketplace".

"Financial Planit is an outstanding business with an identical philosophy and culture to us & an immediate benefit for the firm will be access to FFSP's adviser driven operational framework that is dedicated to delivering the highest standards of advice, service, capability and capacity, training / professional development, as well as driving efficiencies and growth opportunities."

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Anthony started his working life as an accountant before deciding to transition to Financial Planning in 2000 as he felt he could better assist clients to navigate their financial journeys and achieve their wealth creation, retirement, business / personal insurance protection and lifestyle goals.  In 2004 he established Financial Planit.

Buckley said the key factors in the decision was the long-term relationship with FFSP GM Gus Smarrini and the aligned values and philosophy between the two firms that facilitated a natural and strategic fit.

"Additional strategic drivers to joining FFSP was the need to find the right business partner in order to ensure continuity of service for our clients as well as the need for a succession / exit solution to be in place well before the need to retire is considered", affirmed Anthony Buckley.

"An immediate benefit of the new structure has been the freedom to focus on the key areas I'm good at and where I can add the most value, which is assisting and working with my clients to achieve their long-term financial objectives."

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Forbes added, "The acquisition of Financial Planit has been the catalyst for a steady stream of enquiries from financial planning practices.  This is understandable considering the ongoing industry changes and the benefits of FFSP's marketplace offer, structure, administrative framework, flexibility and scale".

"We are not obsessed with growth and remain committed to 'managed' growth in order to continue being an intimate organisation that delivers professional financial advice, service and support on a personal and local level.  Looking to the future, I'm confident the FFSP will strengthen its footprint in the Victorian marketplace.

Issued by Forbes Fava Saville Financial Planning       www.forbesfavafp.com.au