Media Release: Evidentia Group to Acquire Encore Advisory Group to Strengthen Business Consulting Capability
Media Release: Evidentia Group to Acquire Encore Advisory Group to Strengthen Business Consulting Capability
Sydney, Australia – Embargoed until 2pm Tuesday, November 11th 2025
Managed Account Leader - Evidentia Group (a wholly owned subsidiary of Generation Development Group (ASX:GDG)) has entered into a binding agreement to acquire Encore Advisory Group (Encore), further deepening its business consulting capability as part of its holistic offering to clients.
Encore is a highly respected practice management advisory firm with over 20 years of experience supporting financial planning, accounting, and mortgage broking businesses across Australia, including existing Evidentia Group clients. Encore’s management team of Mark Zaglas and Brendan Johnson will become part of Evidentia Group, with Brendan Johnson heading up a new Business Consulting division, reporting to Evidentia Group’s CEO, designed to deliver even greater value to our clients.
Mark Zaglas will continue to lead Encore. The Encore brand and its market-leading intellectual property will continue to be supported and enhanced, ensuring continuity for clients and enabling further innovation built on the firm’s proven frameworks and consulting expertise.
Michael Wright, CEO of Evidentia Group, said “We regard Encore as the leading practice management and advisory business in the market, and bringing Encore and Evidentia Group together will deliver significant value to our current and future clients. Many in our Group know and have worked with the Encore team previously. The alignment of values was a key attraction in working together again and creating a new Business Consulting division enables us to continue to invest in capabilities that add specialist value to our clients.
"Our consulting services are considered one of our key competitive strengths, making us the go-to partner for Advisers and empowering firms to perform and grow. This acquisition will allow us to deepen and broaden our current consulting offering and to add new services to all Evidentia Group client segments.”
Mark Zaglas, Encore Advisory Group, added “Encore exists to help owners get a better return on their business and life. We love working with business owners to build great advice businesses. Joining Evidentia Group enables us to help more people, grow more businesses, and make an even greater impact for many more years to come. All while working with a team who we respect highly, having worked with many of them over the last 20 years.”
Completion date for the acquisition took place on Friday the 7th of November 2025.
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Media contact:
Naomi Christopher
General Manager, Marketing and Communications – Evidentia Group
Email: naomi.christopher@evidentiagroup.com
Phone: 0421 856 260
About Evidentia Group
Evidentia Group is Australia’s leading Managed Account provider with $32.6Billion in funds under management as at 30 September 2025. Formed through the merger of Evidentia, Lonsec Investment Solutions, and Implemented Portfolios, Evidentia Group brings together three of the industry’s most trusted names in managed accounts to offer one of the most comprehensive suites of investment solutions in the country.
Evidentia Group combines institutional grade investment expertise with a practical, adviser-first approach, empowering financial professionals to deliver personalised, engaging and scalable investment experiences for their clients. What sets Evidentia Group apart is its genuine partnership model, working side by side with advisers to deliver better investment solutions, improve client engagement and build better businesses.
Evidentia Group is owned by ASX listed Generation Development Group (ASX: GDG), which operates three distinct businesses (Evidentia Group, Lonsec Research & Ratings and Generation Life) each focusing strategically on their core value propositions.
About Encore Advisory Group
Founded in 2002, Encore Advisory Group is an Australian consulting firm that helps financial advice, accounting, and mortgage broking businesses unlock scalable growth with clarity and confidence. Known for its deep sector expertise and hands-on approach, Encore partners with leading advice firms to turn strategy into execution—building the structure, systems, and leadership needed for sustainable, profitable growth.
The information contained in this document is provided by Evidentia. Evidentia means Evidentia Group Holdings Pty Ltd ACN 665 634 382 and its subsidiaries. All financial services included in this communication are authorised by Evidentia Financial Services Pty Ltd ACN 664 546 525 AFSL 546217. It is general information only and does not constitute financial product advice. If any statements made (either alone or together) constitute advice, then the advice is general advice only and does not take into account anyone’s objectives, financial situation or needs. Before making an investment decision based on this material you should consider whether it is appropriate to your particular circumstances. Where the material relates to the acquisition or possible acquisition of a financial product, you should obtain a disclosure document relating to the product and consider the content before making any decision about whether to acquire the product. Please refer to your financial adviser for further details and any disclosure documents relevant to you. This document is based on information considered to be reliable. It is based on our judgement at the time of issue and is subject to change. No representation, warranty or undertaking is given or made in relation to the accuracy or completeness of the information presented in this document. Except for liability that cannot be excluded, Evidentia, its directors, employees, agents, and related bodies corporate disclaim all liability in respect of any error or inaccuracy in, or omission from, this document and any person’s reliance on it. This material is not intended for distribution to, or use by, any person or entity in any jurisdiction or country where such distribution or use would be contrary to local law or regulation. If this document contains any performance data, then performance is not a reliable indicator of future performance.