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PictureWealth raises $12M and makes acquisition

NFS becomes a wholly owned subsidiary of PictureWealth and NFS MD Mark Edman will also take on the Group COO role. Founded by CEO David Pettit, a long-term private wealth innovator, the business now has its sights set on reinventing the financial advisory and superannuation landscape in Australia. “We are super excited about completing this transaction and welcoming the NFS clients and staff into the PictureWealth family,” said Neal Cross, Co-Founder and Chair of PictureWealth. “Mark is a world-class talent and is joining our journey to digitally transform the entire industry, one financial planning business at a time. MAIN Image: from left to right Neal Cross, David Pettit and Mark Edman.

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