PSK had its beginnings in 1969, when Martin Barnes established and built a successful life insurance and investment business, Martin Barnes & Co, which later became Time Financial Planning.
Meanwhile across town, Ron Prowse, Bill Stefani and Herc Kantarelis started their own successful Financial Planning practice in 1994 (Prowse Stefani Kantarelis Financial Services), employing three support staff to assist the Advisers.
1998 was a true landmark year in the history of PSK. Paul Aspros joined Time Financial Planning and the two businesses merged. PSK was born, operating in two locations: Brookvale and Ramsgate.
Over the next several years, PSK enjoyed a steady path of growth, expanding both organically and through a number of successful acquisitions.
Fast forward to 2021, another milestone year, and PSK acquired two large financial services businesses. In September, PSK acquired Stature Financial Group. Later that year, in December, the Ipac licence, one of Australia’s oldest and most respected advice businesses, was acquired.
Now, over 50 years after its first beginnings, PSK has grown into a practice with over 300 employees across 17 national locations, managing over $9 billion of funds under advice.
Whilst the business may have grown and changed over the years, PSK's aim today is the same as it was in 1969 - quite simply, to provide advice that puts you first.
PSK Team, 1998
Martin Barnes establishes Martin Barnes & Co, which later became Time Financial Planning in the 1980s.
Ron Prowse, Bill Stefani, and Herc Kantarelis establish Prowse Stefani Kantarelis Financial Services.
Paul Aspros joins Time Financial Planning. The businesses merge with Prowse Stefani Kantarelis, and the name PSK Financial Services is born. PSK now employs 8 staff across two Sydney offices: Brookvale and Ramsgate.
PSK establishes its first Joint Venture Partnership, an important part in ensuring the tenure of advisers and relationships with clients - people don't leave PSK; people retire from PSK.
The Brookvale and Ramsgate offices combine under a new office in Surry Hills.
Amid the GFC, PSK moves into the Sydney CBD.
PSK expands into Sydney's southwest, with the opening of an office in Campbelltown.
The team from SWS joins PSK, expanding PSK's presence in greater Sydney to Parramatta.
The team from Socius Wealth Management in Sydney's CBD joins PSK.
Sutherland office grows with CPS Private Wealth Management joining the team.
PSK opens its first office in Western Australia in Perth with Sage Financial Group joining the team.
PSK team in Adelaide grows as My Blue Sky come on board with regional offices in Balaklava and Gawler, SA.
PSK has grown into a practice with over 300 employees, managing over $9 billion of funds under advice for thousands of Australians across 17 national locations.
