{"id":82622,"date":"2026-06-01T12:01:19","date_gmt":"2026-06-01T02:01:19","guid":{"rendered":"https:\/\/riskinfo.com.au\/news\/?p=82622"},"modified":"2026-06-01T12:01:19","modified_gmt":"2026-06-01T02:01:19","slug":"centrepoint-alliance-expands-footprint","status":"publish","type":"post","link":"https:\/\/riskinfo.com.au\/news\/2026\/06\/01\/centrepoint-alliance-expands-footprint\/","title":{"rendered":"Centrepoint Alliance Expands Footprint"},"content":{"rendered":"<p><a href=\"https:\/\/www.centrepointalliance.com.au\/\" target=\"_blank\" rel=\"noopener\">Centrepoint Alliance<\/a> is to acquire client books of Cairns Wealth and Pinnacle Wealth in transactions valued at approximately $3m.<\/p>\n<p>The agreements are expected to add approximately $1.5m in annual revenue and between $600,000 and $650,000 in earnings before interest and tax (EBIT) to the firm, as well as three advisers.<\/p>\n<p>The transaction is expected to be completed by 1 July 2026, subject to the execution of associated documents and standard regulatory and operational transition processes, including the advisers joining Centrepoint. Both businesses operate within the Astute Financial Management network.<\/p>\n<p>Centrepoint Alliance CEO <strong>John Shuttleworth<\/strong> said the acquisitions were aligned with the company&#8217;s capital deployment strategy, would further expand its salaried advice business, and strengthen its relationship with Astute, a referral and distribution partner.<\/p>\n<figure id=\"attachment_82623\" aria-describedby=\"caption-attachment-82623\" style=\"width: 150px\" class=\"wp-caption alignright\"><img loading=\"lazy\" decoding=\"async\" class=\"size-full wp-image-82623\" src=\"https:\/\/riskinfo.com.au\/news\/files\/2026\/06\/John-Shuttleworth.png\" alt=\"John Shuttleworth CEO Centrepoint Alliance\" width=\"150\" height=\"180\" \/><figcaption id=\"caption-attachment-82623\" class=\"wp-caption-text\">John Shuttleworth<\/figcaption><\/figure>\n<p>&#8220;These acquisitions represent attractive strategic opportunities aligned with our disciplined capital deployment framework,&#8221; he said.<\/p>\n<p>&#8220;Importantly, they strengthen our partnership with Astute, complete our Queensland regional footprint, and are expected to deliver high-quality, recurring earnings and immediate earnings contribution.\u201d<\/p>\n<p>The acquisition of Cairns Wealth will establish Centrepoint&#8217;s presence in all major regional centres across Queensland, while advisers from Pinnacle Wealth will be integrated into the company&#8217;s Brisbane office.<\/p>\n<p>Cairns Wealth advisers will continue to operate from Astute premises in Cairns.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Centrepoint Alliance is to acquire client books of Cairns Wealth and Pinnacle Wealth in transactions valued at approximately $3m. The agreements are expected to add approximately $1.5m in annual revenue and between $600,000 and $650,000 in earnings before interest and tax (EBIT) to the firm, as well as three advisers. The transaction is expected to [&hellip;]<\/p>\n","protected":false},"author":23,"featured_media":82625,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[48,7734,3],"tags":[],"class_list":{"0":"post-82622","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"has-post-thumbnail","7":"category-company-news","8":"category-featured","9":"category-general"},"_links":{"self":[{"href":"https:\/\/riskinfo.com.au\/news\/wp-json\/wp\/v2\/posts\/82622","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/riskinfo.com.au\/news\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/riskinfo.com.au\/news\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/riskinfo.com.au\/news\/wp-json\/wp\/v2\/users\/23"}],"replies":[{"embeddable":true,"href":"https:\/\/riskinfo.com.au\/news\/wp-json\/wp\/v2\/comments?post=82622"}],"version-history":[{"count":2,"href":"https:\/\/riskinfo.com.au\/news\/wp-json\/wp\/v2\/posts\/82622\/revisions"}],"predecessor-version":[{"id":82626,"href":"https:\/\/riskinfo.com.au\/news\/wp-json\/wp\/v2\/posts\/82622\/revisions\/82626"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/riskinfo.com.au\/news\/wp-json\/wp\/v2\/media\/82625"}],"wp:attachment":[{"href":"https:\/\/riskinfo.com.au\/news\/wp-json\/wp\/v2\/media?parent=82622"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/riskinfo.com.au\/news\/wp-json\/wp\/v2\/categories?post=82622"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/riskinfo.com.au\/news\/wp-json\/wp\/v2\/tags?post=82622"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}