The Perks of the CBD

Last updated 12 Dec, 2022

The City of Adelaide and the Adelaide Economic Development Agency (AEDA) are pleased to welcome Perks Accountants & Wealth Advisers to the CBD, in a further sign of the business community’s growing confidence in the city.

Approximately 180 staff will now call Flinders Street home, following the financial services institution’s decision to relocate from Parkside to the CBD.

The proudly South Australian accounting and wealth management firm has expanded over the past 40 years to become one of the state’s leading and diversified financial services firms that remains privately owned and unfranchised.

Perks Executive Chair Mark Roderick, pictured, said relocating to the city was an obvious choice after outgrowing its Parkside office space.

“Our services and our team have grown in size and sophistication over the last decade and this move will expand our operational footprint to one that is more in keeping with the future of the firm,” Mr Roderick said.

“Having a secure base to build on our momentum, not only enables us to support our clients and team members.

“Relocating Perks to 81 Flinders Street was a well-considered choice to support our many clients that call Adelaide home, and provide our Team Members with access and proximity to all that the city has to offer.”

Perks Accountants & Wealth Advisers will occupy four levels at 81 Flinders Street. The company attributed the move to its continued growth, particularly in its Private Wealth division.

The company acquired boutique wealth management firm Wotherspoon Wealth in 2020 and created an independent in-house research team.

Adelaide Economic Development Agency (AEDA) Managing Director Ian Hill said Perks’ relocation would help boost the city’s economy.

“It’s clear more employees are returning to the office and we want to work with organisations to help them take advantage of everything the city has to offer, creating a positive experience for the employee, which will boost the city’s economy,” Mr Hill said.

“Having a proudly South Australian business, such as Perks, choose to base themselves in the heart of the CBD is an important vote of confidence in this city and will encourage similar organisations to establish their offices in Adelaide.”

Mr Hill said the company had received welcome packs to encourage employees to explore the city.

“Offering parking discounts, Rundle Mall and Central Market gift cards, and even cheap rounds of golf, we want to encourage the new city workers to explore the CBD and North Adelaide,” said Mr Hill.

City of Adelaide Lord Mayor Sandy Verschoor said attracting businesses to the CBD played a key role in reigniting the city following the COVID-19 pandemic.

“Adelaide is Australia’s most liveable city and is positioned as one of the best places in the world to live, work, invest and do business,” the Lord Mayor said.

“Having a significant financial services institution like Perks relocate to the city is another promising indicator there’s growing business confidence in the city.

“Relocating to the city offers a number of perks for companies and their employees, whether it be the proximity to connect with other leading businesses in the city, the wide variety of food and drink offerings to satisfy those lunch time cravings or the ability to go shopping in Australia’s retail precinct of the year during a lunch break or after work.”

Perks Accountants & Wealth Advisers is the latest in a string of companies relocating to the city, joining Accolade Wines, Microsoft, Nokia, Google and Accenture choosing to grow their business from Adelaide.