Esencia Wealth expands into Queensland

Esencia Wealth has expanded into Queensland, adding 300 clients to its portfolio by merging with two advice firms in the state.

Merging with Financial 3 Wealth and Marsden Wealth Advisers will mark Esencia Wealth's first office in Brisbane, building on its national growth strategy.

"Our expansion into Queensland represents a significant step in building a truly national advice business," Esencia Wealth chief executive Matthew Fenning said.

"Financial 3 Wealth and Marsden Wealth Advisers share our commitment to exceptional client service, a people-first culture, and an innovation mindset, making them ideal partners to lead the establishment of our presence in Queensland."

Esencia Wealth was formed in 2024 when four advice firms - Advise Wise, Insight Private Wealth, Sovereign Wealth Partners, and Randle Advisory - joined forces under one banner.

"We're focused on building a world-class advice business where experienced advisers and emerging talent can thrive together. Our Queensland team will serve to amplify our purpose - to change our clients' lives," Fenning said.

Financial 3 Wealth co-founder and managing director Travis Hinchy said: "I am excited to join the Esencia Wealth team, whose culture aligns with the spirit that Financial 3 was built on - our clients can look forward to a continuity of service excellence and care."

Marsden Wealth Advisers principal Richard Marsden added: "Joining Esencia Wealth holds great appeal, as I can keep delivering a tailored client approach to helping clients achieve their financial goals, with the support of a dedicated team."

Hinchy and Marsden will join Esencia Wealth as partners. This brings four new financial advisers and an expanded team to Esencia Wealth, with more appointments planned in the coming months.

Fenning said both advisers bring deep client relationships along with significant expertise which will help the firm double down on its advice and client focus.