Boutique accounting, advice firms lock down merger

Victorian firms The Practice and Knightstone merged in late March, and formally announced the completion of the move yesterday.

The new entity will operate under The Practice brand, and will look to boost business advisory consulting services as well as property-related services.

The firm will focus on holistic advice offerings, with services also including wealth management along with more traditional accounting, taxation and management consulting services.

“The primary objective of this union is to meet the ever-growing needs of our clients for specialist business consulting services. It’s all about increasing our breadth and depth of services,” said Robert Hadded, director and co-founder of The Practice.

Knightstone managing director Colin Linke was equally bullish about the move.

“We are excited to join with a progressive and growing firm with a strong brand presence. Importantly, their integrated business and personal wealth offerings mean our clients will experience a seamless operation that is focused on meeting their overall financial needs. This was key in our decision to make the move.”