Infocus Wealth Management Upgrades Advisory Offering

Vanessa Doctor

1 April 2010

Infocus Wealth Management is poised to add 20 new advisor offices to its network this year and another 20 by June 2011.

Speaking at the firm's annual business owners conference, managing director Darren Steinhardt said that the planned launches would bring the Queensland-based planning company's total office numbers to 75 this year.

"We're strong in the existing markets of Western Australia and Queensland, but our focus at this point in time is Victoria," Steinhardst said. Victoria accounts for 10 of Infocus's network for this year alone.

The announcement came with news that the company will start implementing professional fees starting 1 July.

"In a world of transparent fees, that is the question clients will ask, and for financial planning businesses to prosper into the future, advisors need to clearly articulate the answer to this question," Steinhardt noted.

Infocus is 100 per cent Australian-owned and has over $3 billion in Australian superannuation and investment funds under management.