Andrew Gale departs Count Financial


Count chief Andrew Gale has announced his departure from the dealer group, having resigned from his roles as chief executive officer, managing director and director.
Commonwealth Bank of Australia (CBA) general manager for strategic development in wealth management David Lane will assume Gale's role, effective immediately.
Prior to joining CBA, Lane was chief operating officer for Neuberger Berman's hedge fund business, with more than 13 years' experience in investment banking in New York, London and Sydney.
Former executive chairman and founder of Count Financial, Barry Lambert, thanked Gale for his contribution to Count over the past 20 months.
"Count appreciates Andrew's work during difficult market conditions and his leadership of the company during the transaction with CBA," the group said. "Count wishes Andrew all the best in his future endevours."
Recommended for you
ASIC has permanently banned a former Perth adviser after he made “materially misleading” statements to induce investors.
The Financial Services and Credit Panel has made a written order to a relevant provider after it gave advice regarding non-concessional contributions.
With wealth management M&A appetite only growing stronger, Business Health has outlined the major considerations for buyers and sellers to prevent unintended misalignment between the parties.
Industry body SIAA has said the falling number of financial advisers in Australia is a key issue impacting the attractiveness and investor participation of both public and private markets.