Rising Tide Blog

A new page in the ledger!

Posted by Matt Hale

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2022 marks a new and exciting chapter for Rising Tide and our accounting business.

As you may be aware, over the past seven years, our accounting division has achieved great success and despite all the uncertainty around the globe, it has managed to buck the trend and grow, year on year. Now, following that success, the division is at the point where it can truly stand on its own two feet, outside of the Rising Tide group.

There’s a couple of key reasons behind the move:

  • The advice process for accounting, financial planning and lending no longer intersects like it used to, which means the benefits of scale are reduced for our accounting clients
  • Financial planning and lending are both under the same financial services licensee and the requirements to run those business have increased since the royal commission implementation has occurred. We believe it is best for our customers, and our team to shield the accounting business from the noise.

Over the next couple of months, you may notice some changes including a new trading name and website etc. Rest assured, for all our valuable Rising Tide clients, there will be no day-to-day change for you – and more importantly, the teams across all three divisions (financial planning, lending & accounting) will also remain the same.

Braden and Amanda joined the team back in 2014 and while we are extremely grateful for the hard work that they’ve put into Rising Tide, we can’t wait to see them grow and succeed in their next chapter.

Please remember, if you have any questions, feel free to reach out to Braden or myself