Major local accountancy firms confirm merger deal

Allen Hertel, Hayley Ballinger and Lachlan Ballinger

National Award-winning accountancy firm, Yield Advisory continues its fast growth trajectory after completing a merger with highly regarded local firm, Focus Professional Group. The merger is set to tip the scales to create one of the Sunshine Coast’s largest accounting and financial planning firms.

The merger will see employees from Focus Professional Group relocate to Yield Advisory’s office within the A1 Building in the Maroochydore City Centre, which will be home to the majority of the firm’s forty team members.

Focus Professional Group was established in 1998 by Allen Hertel and over the years the business has built a solid reputation as leaders in taxation planning, business structuring and self-managed super funds.

Allen said he felt there was significant synergy between both firms and this played an important role in his decision to merge.

“When considering the merger I had to put my team and our clients at the centre of my decision. The more I looked, the more I saw how similar we were in terms of providing a proactive approach to servicing clients in order to meet their long term objectives.

“Our culture and values are also very similar so I believe it will be an easy transition for my team to make and I am sure our clients will benefit from our extended ability as a larger team to continue to provide proactive advice from our highly professional team,” he said.

Yield advisory managing director Lachlan Ballinger said “Allen has been a highly respected member of our industry for many years. He’s built a highly successful firm including not only an incredibly talented team but also attracted some amazing long term clients. He has achieved all of this whilst maintaining his commitment to the region through his various board positions and community partnerships.

“The growth of yield advisory over the past ten years has been significant and based on organic growth measures. Our overall business strategy in the Brisbane, Sydney and Sunshine Coast markets is to align with the right firms in each geographic location and this was the case in Focus Professional Group. Our footprint and prowess on the Sunshine Coast have been strengthened and we look forward to better servicing the region,” Lachlan said.

Share:

MORE STORIES...

Scroll to Top