ABOUT US
Welcome to Stubbs Wallace
At Stubbs Wallace we are committed to offering friendly, personalised and professional client services for both large and small businesses, individuals, and self managed super funds.
We offer a complete life cycle for you and your business, from commencement, to retirement and beyond.
Our dedicated accountants will assist you to create effective strategies and guide you with decision-making to help you achieve your financial goals.
Directors
Our team at Stubbs Wallace is comprised of dedicated professionals with a passion for delivering high-quality accounting services.
Our Directors and team bring a wealth of expertise and a commitment to excellence, ensuring that our clients receive the highest level of support in achieving your financial goals and guiding you towards sustained success.
Adam Purtill
Director
Karen Collins
Director
Our History
1897
In September 1897 John Stubbs open a sole practice accounting firm in Shepparton where for the next 30 years he built the company into a prominent accounting and auditing firm for many of the districts major private and government organisations.
1922
The Ardmona cannery had its first annual meeting with the auditor being John Stubbs. Pickworth Orchards, a valued long standing client of Stubbs Wallace was represented on the Board of Directors by an ancestor of current day director, Mr Stuart Pickworth.
1930
Vic Stubbs joined with his father prompting a name change to Stubbs and Son, and a new chapter commenced.
1935
With the desire of Vic to expand the business, 1935 saw him join with Jim McNeil and Neil Dennis as partners, expanding the firms auditing of the local cannery – SPC.
1942
Neil departed in 1942 to join SPC as a senior executive, until his retirement some 25 years later.
1939
World War II begins.
With the passing of John in 1940 Vic Stubbs assumed senior partner. John Stubbs had been an active member of the community for many years including as secretary of the Shepparton Cemetery Trust for 38 years. He had also maintained other business interests in Shepparton, one such being a motor garage on Wyndham Street.
1953
The firm was operating from the old AMP building situated on Wyndham Street, Shepparton.
1940
Jim retired leaving Vic as sole proprietor of the firm with five staff members.
1946
1956
The story of Stubbs and Son entered a new chapter, the same year that the torch of the Melbourne Olympics was brought through Shepparton. For almost 60 years the firm had remained in the Stubbs family, but with the retirement of Vic the firm was purchased by local Shepparton accountant Errol Wallace. To the firms name he added his own – renaming it “John Stubbs, Wallace and Co” and was operating with a staff of six employees.
1965
Whilst Vic Stubbs had plans to expand the business into other towns it wasn’t until 1965 under Errol that this came to fruition, establishing the firms first Branch office in Kyabram.
1972
The firm has by now grown to include a staff of 12 members and has moved to the old CML building on the corner of Wyndham and High streets.
1969
Closure of the Kyabram branch to ensure greater concentration on the Shepparton operations.
1960
Saw Errol join partners with Ken Tyquin, Albert Kellock and Brendan Kelly, and with the new partnership the firm was renamed “Stubbs Wallace and Partners”
1978
Continued growth saw more changes for the firm along with the demand to relocate to the larger premises of 158a Welsford Street. With the advent of the PC came a major computer acquisition for the firm. The first computer in the firm was a huge beast by today’s standards, with no hard drive and had less than 512 K memory. Accountants had to change the way they worked and this was the start of the firms heavy commitment to technology.
1983
Errol Wallace retires after 27 years as principal, coinciding with the appointment of Ian Nalder and John Lyle to partners. With his retirement, the firm maintained a partnership of 5 and a staff of 13 (including two personnel at the branch office of Jerilderie and 3 at Euroa).
1973
Whilst the Kyabram office may have closed, Stubbs Wallace and Partners continued to expand with the purchase in 1973 of a practice from Keith Kitchen in Jerilderie. Brendan Kelly was involved in the development and structure over the initial years, and a staff of two employees was maintained at the office.
1977
Purchase of a Euroa office in Railway Street from Neil McKernan, Brendan Kelly assumed responsibility with Ken Tyquin, performing a similar role for Jerilderie.
1982
Gradual growth and the need for more storage space prompted extensions to the rear of the building at 158a Welsford Street, Shepparton.
1984
Stubbs Wallace and partners acquired the practice of Joe Goyen. Partners and staff then totalled nineteen.
1985
1986
John Lylen left to take up a Finance Manager position with the Shepparton News Group.
Ken Tyquin partner for 26 years retires. The firm’s Euroa office was sold to branch manager Noel O’Meara, who had been managing the office since 1979. Noel continued to practice under the name “Noel O’Meara and Associates”.
1997
1990
Bill Lee joined the partnership becoming the sixth partner. The introduction of Capital Gains Tax in September saw a major change to Australia Tax laws.
1989
Expansion continued with the purchase of chartered accountancy firm Doug Wastle and Co. in Finley, and the retention of his four staff members.
1993
Albert Kellock retired from partnership.
1998
The partnership dropped to 3 until Thomas Chick joined.
In October of the same year, extensive flooding to the Shepparton region affected Stubbs Wallace and Partners with water flooding storage facilities under the Welsford Street building, destroying many of the old tax and office records.
The Shepparton Practice of Albert Borzillo’s was acquired – the same year the firm celebrated its Centenary. On May 31st, Stubbs Wallace and Partners held a Centenary reunion of past and present at the Shepparton and Baringa Centre to celebrate.
1999
The Shepparton office at 158a Welsford Street was extended again, this time creating a new entrance at 160 Welsford Street and adding much-needed space to the building, which now houses 4 partners and 15 staff members.
Brendan Kelly left the partnership to open his own financial planning business – Strategic Wealth.
2003
Change of name to Stubbs Wallace Pty Ltd.
2006
2008
Appointment of Adam Purtill to Director, located at the Finley and Jerilderie offices.
2011
In December Ian Nalder resigned as director after 29 years.
2010
July saw Bill Lee step away from the role of director after 25 years and Karen Collins joined the directorship.
2012
2014
Thomas Chick resigned as Director in June of 2014.
Ken Tyquin partner for 26 years retires. The firm’s Euroa office was sold to branch manager Noel O’Meara, who had been managing the office since 1979. Noel continued to practice under the name “Noel O’Meara and Associates”.
Closure of the Jerilderie office.
2017
Purchase of accounting firm in Deniliquin.