Deutsche changes its spots

DEUTSCHE Financial Planning’s Perth office has officially adopted its new Godfrey Pembroke trading name.

The name change follows Deutsche Bank’s $115 million sale of its Australian financial planning business to the National Australia Group earlier this year. As a result of the sale, the 18 Deutsche offices around Australia will adopt the Godfrey Pembroke name.

Greg Devine, managing director of Deutsche’s Exchange Plaza office, explained that the name change would not affect the existing business.

“Our award winning team in the Exchange Plaza office remains the same and are committed to providing our clients with the highest quality financial advice,” he said.

Godfrey Pembroke is one of Australia’s longest established financial planning companies. It has a network of 175 consultants across 70 offices throughout Australia, providing advice to over 35,000 clients with funds of approximately $7.5 billion.