History

Financial Planning Tasmania

Mancell Financial Group (MFG) was founded in February 1980. We have helped individual and corporate clients achieve their financial goals for over 35 years by adopting the latest academic, market and legislative research.

Wholly owned by our founders, we have no links or ties to any financial institution. This freedom from bias provides our clients, with the greatest potential for financial success.

In 2001 & 2002 we underwent a substantial change; reshaping the way our business was strategically and operationally managed, while also changing our portfolio construction process. This gave us a more efficient portfolio administration system and access to high quality portfolio administration platforms. At this time we also adopted the passive asset class approach to investment; this removed guesswork from the investing process and based client portfolios on academic research.

These changes benefited our clients with lower fees, a more reliable investment experience and more disciplined portfolio review techniques.

Today, MFG oversees more than $250 million for our firm’s clients. We are licensed to the privately owned FYG Planners Group which has over $2 billion in funds under management.

Whilst our core business is investment and superannuation portfolio management and financial advice, our multi disciplined firm has grown over the years to also serve our clients’ insurance and borrowing needs.

In 2016 Mancell Financial Group became Tasmania’s only CEFEX certified adviser, bringing a new fiduciary standard to financial planning in Tasmania. In 2016 Mancell Financial also became a member of the Global Association of Financial Advisors™ (GAIA). GAIA membership aligns MFG with some of the world’s best wealth managers, sharing knowledge and underpinning a standard of world’s best practice in financial advice.