AZ NGA appoints GM of financial planning
Paul Barrett's AZ NGA, has appointed Adrian Ashton as its general manager of financial planning.
Ashton, who has been working within AMP was expected to step into his new role today.
The Italian-backed company, which unites financial planning practices, said it had experienced strong growth and was well ahead of their business plan.
Therefore, Ashton was appointed to cultivate that community of financial planning practices, according to AZ NGA.
Chief executive of the group, Paul Barrett, said Ashton would also be responsible for creating opportunities that helped the company's partner firms grow efficiency and profitably. Ashton had worked for AMP, both as a capital manager and as the director of their licensee advice, mergers and acquisitions division.
He had also worked as the NSW state manager for Leveraged Equities and helped purchase the Macquarie Margin Lending businesses, while he helped the company through significant margin lending reforms.
Ashton said he had always enjoyed working with financial planners and their businesses and had seen how the power of good advice could help clients throughout their lives.
"This is an opportunity for me to continue to do what drives me professionally," Ashton said.
Recommended for you
There is a gap in the market for Australian advisers to help individuals with succession planning as the country has been noted by Capital Group for being overly “hands off” around inheritances.
ASIC has cancelled the AFSL of an advice firm associated with Shield and First Guardian collapses, and permanently banned its responsible manager.
Having peaked at more than 40 per cent growth since the first M&A bid, Insignia Financial shares have returned to earth six months later as the company awaits a final decision from CC Capital.
Private market secondaries manager Coller Capital has unveiled a new education platform to improve advisers’ and investors’ understanding of secondaries.
