Centrepoint Alliance Ltd Completes $3m Advice Book Acquisitions
Centrepoint Alliance completes $3 million advice book acquisitions
Centrepoint Alliance (ASX: CAF) has completed the acquisition of the client books of Cairns Wealth and Pinnacle Wealth, with final settlement occurring on 1 July 2026. The transactions, previously announced by the Company, were finalised on the scheduled completion date.
The acquisitions were executed through Financial Advice Matters Pty Ltd (“FAM”), a wholly owned salaried advice business of Centrepoint. According to the Company, the purpose of the transactions is to further expand its salaried advice business and support the growth of high-quality recurring earnings.
The deals carried an aggregate purchase consideration of $3,000,000, with a final aggregate settlement amount of $2,902,476.97.
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Transaction completion details
Final settlement of the acquisitions occurred on 1 July 2026, in line with the scheduled completion date. The difference between the headline consideration of $3,000,000 and the final settlement amount of $2,902,476.97 reflects $97,523.03 in annual leave and standard completion adjustments relating to the transferring advisers.
Three advisers transferred to Centrepoint Alliance as part of the transaction.
The Cairns Wealth acquisition was specifically targeted to complete Centrepoint’s Queensland regional footprint, establishing a presence in all major regional centres across the state, while a new $10 million NAB acquisition facility positions the company for further bolt-on deals beyond these two practices.
| Metric | Amount |
|---|---|
| Aggregate purchase consideration | $3,000,000 |
| Completion adjustments (annual leave/standard) | $97,523.03 |
| Final aggregate settlement amount | $2,902,476.97 |
Key completion facts include:
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Final settlement date of 1 July 2026
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Three advisers transferred to Centrepoint Alliance
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Client books of Cairns Wealth and Pinnacle Wealth acquired via FAM
Why client book acquisitions matter for a licensee
Centrepoint operates two distinct advice models. Its Licensee Services model provides support to external, licensed advisers, while its salaried advice model includes an in-house network of advisers.
Acquiring client books for the salaried advice business can build recurring earnings, a quality often valued in advice businesses.
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How this fits Centrepoint’s broader strategy
Centrepoint Alliance offers financial services to advice firms and customers throughout Australia across five core business lines:
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Licensee Services
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Financial Advice
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Investments
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Platforms
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Lending
The completed acquisitions add scale to the Financial Advice segment, continuing the expansion of the Company’s in-house salaried advice business through FAM.
Board Authorisation
This announcement has been authorised by the Board of Directors. For further information, the Company listed Chief Executive Officer John Shuttleworth and Chief Financial Officer Brendon Glass as contacts.
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