Chairman replaces Pillemer at Centric
The chairman of Centric Wealth, Philip Kelly, has taken the helm of the dealer group following the departure of its chief executive, Michael Pillemer.
Pillemer’s contract with the company has not been renewed and Kelly has taken on the role of full-time executive chairman until such time as a new chief executive can be recruited.
Pillemer’ departure followed the failure of contract negotiations with Centric.
AUTHOR
Mike Taylor
Recommended for you
ASIC has released the results of the latest financial adviser exam, held in November 2025.
Winners have been announced for this year's ifa Excellence Awards, hosted by Money Management's sister brand ifa.
Adviser exits have reported their biggest loss since June this week, according to Padua Wealth Data, kicking off what is set to be a difficult December for the industry.
Financial advisers often find themselves taking on the dual role of adviser and business owner but a managing director has suggested this leads only to subpar outcomes.
