Effective from 1 July, Vincents said its lending solutions offering will work alongside tax and financial advisers to deliver commercial loans, asset finance, home loans, general insurance, conveyancing and property advice.
Further, it has recruited former Macquarie segment head for the healthcare and built environment industries, Phil Ringuet, to lead the new team after leaving his position early last month.
Vincents managing director David Rose said Mr Ringuet’s appointment has been “years in the making”.
“In a financial market saturated with banks, financial institutions and their various offerings, consumers often find that searching for a finance option with their best interests in mind is a drawn out, frustrating and costly process,” Mr Rose said.
“What is even harder for consumers is ensuring that their lending adviser is on the same page as their financial adviser and their tax adviser. What we’re doing is aligning all those touchpoints under the one roof.”
In addition, Vincents has promoted Steven Roberts from its business advisory division to director in Brisbane.
“Systemising and simplifying R&D monitoring and application processes are paramount for the start up space to be able to obtain tax offsets and elevate their businesses to the next level,” Mr Rose said.
“We are confident that the motivation and dedication Steven has to efficiently and effectively support Australian businesses on this journey will help us to continue to deliver the best possible results for all entrepreneurs.”
Mr Rose said that, following double-digit growth in 2018, he expects more of the same in FY 2019.
“Our anticipation is that 2019 will see us being able to achieve that same growth as we work closer with our clients and relationships through delivering the full spectrum of services now we have completed the circle with Vincents Lending Solutions,” Mr Rose said.
“2019 will also see our operations on the eastern seaboard continue to grow from strength to strength — with January’s merger of our Canberra office with MCS Accounting allowing us to bulk up with great talent that holds dear client values mirroring our own.”
Earlier this year, Vincents merged with MCS Accounting, of which the latter was founded in 2011 by Philip Miller.
Mr Rose said the firm has significantly grown in Canberra over the last 12 months.
“Phillip and the team at MCS are bringing to us an even greater level of expertise in the assurance and risk advisory sphere, which is what we’re looking for,” he said.
“As our operations on the eastern seaboard continue to grow from strength to strength, we are delighted at the opportunity to bulk up with great talent that holds dear client values mirroring our own.”