By
Vishal Teckchandani and Victoria Young Mon 29 Oct 2007
Former Melbourne-based Matthew Steer Chartered Accounts financial planner and accountant Mark Williams has established Prosper Accounting.
Former Melbourne-based Matthew Steer Chartered Accounts financial planner and accountant Mark Williams has established Prosper Accounting.
The practice, in the coastal town of Agnes Water in Queensland, is under the Premium Wealth Management franchise. Williams started working in the industry in 2000 at H&R Block as a tax accountant but he found it restrictive.
"People that go into business take on a certain level of risk and should have every opportunity to be able to convert their efforts into wealth," he said.
He gained a Diploma of Financial Services in 2003.
"Currently it's just me and one assistant working, but I do have aspirations of growing Prosper Accounting and I have a clear two-part succession plan," he said.
The succession plan involves firstly achieving the key performance indicators and secondly then allowing the profits to be distributed to staff or used to take up equity.
In Part 2 of our exclusive series, we ask leading names to nominate their best investments, the most effective industry group and the importance of platforms.
Solaris scores Jana mandate »
Boutique fund manager Solaris has been appointed to manage a $33 million Australian equities mandate by JANA Investment Advisers.
Colonial raises over $200m for media fund »
Colonial First State Global Asset Management has raised $201.3 million for its media copyright fund, FS Media Works.
Last month's FPA National Conference offered Australia's financial planning community a chance to hear about past and future changes to the industry. ... read more »
