South Australian-based self-managed superannuation (SMSF) firm, Exelsuper announced this week it had appointed its first franchise owner as part of an underlying strategy to expand from its Adelaide base.
Excelsuper said financial planner and SMSF specialist adviser Glenn Doherty had joined its team and would be working closely with the organisation’s head office while building a greater presence in Adelaide’s East.
Announcing the development, Exelsuper chief executive, Chris Harris said Doherty’s addition a major step in the company’s growth plans and had come about following the ongoing success of Exelsuper’s SMSF specialist adviser model.
“We currently manage more than $350 million in funds under advice, and through sustained client growth and company acquisitions in South Australia, have established a strong foothold in the local market which augers well for our national expansion plans in the future,” he said.
