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Recent partners calling it quits

HALL Chadwick and the former West Perth-based MGI Brandsma Crockett are abandoning a trial accountancy, tax and business advisory joint venture after 12 months together in BankWest Tower.

The two groups will remain in the tower, occupying consecutive floors, but will be known separately as Hall Chadwick and MGI Bridge Partners.

MGI Brandsma Crockett’s five partners moved in with Hall Chadwick’s sextet in October last year, formalising the joint venture on February 1 this year, with a view to a merger.

Partner Bruce Fielding, originally from Brandsma Crockett, said both groups had been happy to take the opportunity to work together for a period of time, with a planned review at the end of the first year.

But the merger would not be going ahead, he said, as partners from both firms had decided, for a range of reasons, it was in their best interests to revert to individual operations.

All the partners from Brandsma Crockett would be remaining together, he said.

Hall Chadwick partner Chris Williamson said the firms, which had kept their clients separate, were structured differently and had different operations.

However, they had been glad to look at strategies surrounding a possible consolidation.

The decision not to proceed with the merger had been an amicable one, Mr Williamson said.

Neither partner would elaborate on the specific reasons for the decision.

Hall Chadwick’s partners are Maurice Anghie, Michael Hillgrove, Rave Ravendran, Kim Strickland, Peter Torre, and Chris Williamson.

Those forming MGI Bridge Partners’ operation are Bruce Fielding, Mal Di Giulio, TJ Spooner, Ryle Purich and Nunzio Di Iorio.

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