Premium Wealth Management, the Queensland-based financial advisory firm, has expanded its dealer group network.

The latest addition to the Premium group is Platinum Wealth Management, another Queensland-headquartered company. Platinum is its second alliance in the area after Meridien Wealth Management, which joined in August 2012.

"We're very keen to add a few more practises in Queensland and a few more in Victoria, too," said Paul Harding-Davis, chief executive of Premium Wealth Management.

Premium now has a network of 23 dealer groups and around US$22 billion under advise.