Assirt loses head of research
After just four months in the job,Assirt’shead of research John Parrish has resigned, unsure whether he will stay in the research industry.
According to Parrish, while the decision to leave Assirt is due to both “personal and professional reasons”, his immediate plan is to take time to review and reassess what his future role might be.
“I do not have another job. [My future] could be in the research direction or is likely to be in a business building role,” he says.
Parish, who joined Assirt in March after only 12 months as the investment consulting general manager at consulting groupNSP Buck, has over 30 years experience in the investment area in Australia, including 10 years atNational Australia Bank.
As Assirt’s head of research, Parrish was responsible for the management and delivery of investment research, including the Assirt rating process and portfolio construction services within Assirt.
Assirt associate director Anthony Serhan says Parrish’s departure would have a minimal effect on Assirt research, highlighting that the group had worked without a head of research for some time prior to the appointment of Parrish.
“We will be moving to fill the position, but for the moment we will be functioning as normally,” Serhan says.
At this stage, Serhan says he does not know who will replace Parrish.
The departure by Parrish follows that of Assirt’s chief executive Krystyna Weston, who left the group in April to take up the role of head of retail distribution withAMP Henderson Global Investors.
Recommended for you
With a large group of advisers expecting to exit before the 2026 education deadline, an industry expert shares how these practices can best prepare themselves for sale to compete in a “buyer’s market”.
Australia has marked a decade among the best countries for retirement, according to Natixis, but with high inflation threatening their retirement goals, a third say they would get professional advice to improve their chances.
When it comes to the risks of acting as a responsible manager at an AFSL, compliance firm Holley Nethercote has shared a range of red flags that could see them facing disciplinary action from the corporate regulator.
Wealth management platform provider Netwealth has announced a partnership with FinClear to streamline trading capabilities for advisers.
