Shadforth Financial Group (Shadforth) has successfully acquired PMD Financial Advisers (PMD), a boutique financial advice firm specialising in high-net-worth clients. Based in Melbourne, the acquisition further strengthens Shadforth’s footprint in Victoria.

The transaction, completed on 30 September, will see five staff and almost 400 clients join the Shadforth network, adding over $700 million in funds under advice.

The acquisition supports Shadforth’s broader strategy to build national scale. It complements strong organic growth – driven by client referrals and increasing demand for quality financial advice – with targeted inorganic activity that adds capability, talent, and operational efficiency.

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