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WT Financial Group Ltd. ( (AU:WTL) ) has provided an announcement.
WT Financial Group Limited has announced a joint venture with Merchant Wealth Partners Pty Ltd, forming WTL & MWP Investco Pty Ltd. An investor webinar is scheduled to discuss the joint venture and its first planned investment. This collaboration aims to leverage the strengths of both companies, with WTL’s extensive adviser network and Merchant’s strategic advice and capital support, potentially enhancing their market positioning and offering new opportunities for stakeholders.
More about WT Financial Group Ltd.
WT Financial Group Limited is one of the largest financial adviser networks in Australia, providing wealth management, retirement planning, and personal risk insurance advice through approximately 400 privately-owned advice practices. These advisers operate under its subsidiaries, including Wealth Today, Sentry Advice, Synchron Advice, and Millennium3. The company focuses on delivering comprehensive, client-centric services to empower advice practices in a rapidly evolving market.
YTD Price Performance: 36.36%
Average Trading Volume: 184,014
Technical Sentiment Signal: Strong Sell
Current Market Cap: A$41.06M
Learn more about WTL stock on TipRanks’ Stock Analysis page.