ANZ-owned dealer group RI Advice has recruited Perth-based practice the Wealth Designers.
The practice is led by principal Troy MacMillan and has about $120 million in funds under management.
"What we found at RI was a dealer group that wanted to support our business growth," MacMillan said.
"They understood our strategy and there was cultural alignment with a client-centric approach and absolute commitment to providing quality values-based advice."
The recruitment of the Perth practice continues the expansion of RI Advice, which has grown from 200 advisers at the beginning of 2010 to 257 advisers across 125 member firms at the end of January 2011.
It had also recently added dealer group staff in Perth so it could provide on-the-ground support for advisers based in Western Australia, RI Advice Group national manager of practice development Peter Ornsby said.
