middle.news
AWAG’s Strategic 20% Stake in First Mutual Signals Bold Growth Ambitions
9:15am on Tuesday 7th of October, 2025 AEDT
•
Financial Services
Read Story
AWAG’s Strategic 20% Stake in First Mutual Signals Bold Growth Ambitions
9:15am on Tuesday 7th of October, 2025 AEDT
Key Points
AWAG acquires 20% stake in profitable First Mutual Australia
Investment is earnings accretive and cash-based
AWAG aims to grow authorised representatives from ~40 to 80–100 by June 2026
Plans to add 3–4 more boutique licensees to expand footprint
Read Story
middle.
Tap to Read
Tap the card to read the full analysis
about
The Australian Wealth Advisors (ASX:WAG)
OPEN ARTICLE