The Salisbury Group (TSG) has expanded its adviser network with the addition of 11 practices over the past 12 months.
TSG has recruited three new practices since July 1, while a further eight practices joined the dealer group during the 2007/08 financial year.
The dealership's independence from institutional ties and alignment of its business framework form the basis for new practices to join its network, TSG chief executive Mark Euvrard said.
"By carefully aligning the dealer group's boutique market offering to a very specific segment of the marketplace, TSG has recorded another successful year," he said.
"Mature practices seeking to grow and operate their businesses in a compliant environment are steadily attracted each year to TSG."
Earlier this year, TSG offered 15 per cent of the dealer group's equity to its senior advisers and the equity subscription was fully subscribed.
A further 5 per cent equity has been set aside for new recruits joining TSG, who wish to participate in the dealer group's growth and future success.
