Fitzpatricks was founded in 1987 by Scott Fitzpatrick in Sydney. Scott was one of Australia’s pioneers of a client centric advice model based around truly understanding clients needs and charging fees for the advice provided, rather than commissions on products sold.
By the early 2000’s Scott and business partner John Woodley were being approached by other quality financial planners attracted to the innovative and distinctive client model. As a result, Fitzpatricks slowly evolved into a national firm of like-minded individuals who embodied our culture and shared our ideals.
The firm is now nationally recognised as having arguably the leading client centric advice process in Australia. Members of the group in fact are in significant demand to train other advisers in the highly recognised “Lead Adviser” program.
From an investment standpoint, to offer clients a better investment solution than traditional managed funds, the Fitzpatricks Principals developed purpose built Managed Discretionary Accounts in the mid 2000’s. This allows clients’ investments to be individually tailored and managed according to their own circumstances including risk appetite, tax considerations and a range of other personal dimensions. The group has built an enviable reputation based on it’s investment philosophy, processes and track record. For example, it is to our knowledge, one of the few groups worldwide to have generated positive returns and grown clients portfolios throughout the GFC period.
Fitzpatricks Private Wealth today is a vibrant professional services style firm. It has attracted a number of Australia’s highest quality leaders and advisers and now serves many of Australia’s most successful individuals, families and companies as clients.