Big Sky takes over Westwide

Melbourne-based Big Sky Financial Solutions (BSFS) has acquired Perth firm Westwide Financial Services.

Perth-based Westwide is a financial advice firm with over 50 million in funds under advice specialising in Self Managed Superannuation Funds, financial risk and risk insurance.

Big Sky Financial Services is 51 per cent owned by Big Sky Credit Union, which has branches in WA in Newman, Port Hedland and Kwinana and 49 per cent by Outlook Financial Solutions, which is a wholly owned subsidiary of Snowball Group.

In a statement Snowball Group said Big Sky will not be taking over Westwide's corporate superannuation business.

It will continue to operate but under Outlook AFSL.

"Westwide will play an integral role in servicing the financial advice and insurance needs of existing members of the Big Sky Credit Union in Western Australia, and joins BSFS as the foundation acquisition for the group," the statement said.