The Sydney based group primarily focuses on medical professionals, including educating new entrants on the basic fundamentals of wealth management such as debt management and cash flow.
"We have a track record of delivering to the medical profession and with ipac's help we want to take the business to the next level," Flowers Financial Group chief executive Nigel Flowers said.
"Each year we spend time with new graduates introducing them to our services. We also run workshops and seminars on issues of most interest to the medical profession."
Flowers has five advisers with around $200 million in funds under advice. The group offers financial planning, legal, accounting, and property investment services to clients.
The alliance with ipac relates only to the financial planning part of the business, where it will provide Flowers with practice management support.
"In return, we can see how they deliver to the unique needs of these clients," ipac Business Partnering director Suvan de Soysa said.
Both Flowers and ipac use a corporate advice model where the client relationship is with the business rather than the individual adviser.
