Centric founder passes after illness
The founder and former owner of Centric Wealth, Robert Keavney, has died at age 62 after a long illness. Keavney was well known in the financial planning sector as an industry commentator whose opinions were often featured in mainstream and trade media, including Money Management.
Keavney ran his own practice, Investor Security Group, with his wife Glenese, which from 2002 to 2005 was involved in a number of acquisitions and mergers, changing its name to Centrestone and then to Centric Wealth, which was eventually purchased by Findex in March 2014.
Keavney died on 18 December last year and his funeral was held in 23 December. He is survived by Glenese and three children David, Anna and Melinda.
Recommended for you
Compared to four years ago when the divide between boutique and large licensees were largely equal, adviser movements have seen this trend shift in light of new licensees commencing.
As ongoing market uncertainty sees advisers look beyond traditional equity exposure, Fidante has found adviser interest in small caps and emerging markets for portfolio returns has almost doubled since April.
CoreData has shared the top areas of demand for cryptocurrency advice but finds investors are seeking advisers who actively invest in the asset themselves.
With regulators ‘raising the bar’ on retirement planning, Lonsec Research and Ratings has urged advisers to place greater focus on sequencing and longevity risk as they navigate clients through the shifting landscape.

