Scully, Spiers and Lambert…old dogs or new tricks?
What do Count’s Barry Lambert, RetireInvest’s Mark Spiers and Bridges’ Colin Scully all have in common?
What do Count’s Barry Lambert, RetireInvest’s Mark Spiers and Bridges’ Colin Scully all have in common?
Yes, they are all high profile financial planners and dealer group bosses. But more importantly, these four are also at the “vanguard of teaching old dogs new tricks”. They are the financial planning industry’s answer to the three wise men ushering in a new economy. They are the vi-sionaries of the new millennium.
Well maybe. Hartley Poynton coughed up a mozza for a double page ad in last week’s Financial Review celebrating the launch of the JDV project, the new economy Internet/ software business HP plans to spin off from its old economy investment and stock broking business. The ad listed about 200 business types; all of whom are at the “vanguard” of the new economy.
In the ad, Barry, Mark and Colin got to rub shoulders with the likes of James Packer, Rene Rivkin and the who’s who of financial services such as Westpac honcho David Morgan and BT chief Ian Martin. Lifespan’s John Ardino and Bleakley’s Lyle Jones also got a guernsey.
Reading between the lines on the ad, it seems Hartley Poynton was either paying homage to ex-isting clients or sucking up to potential clients for its online managed funds broking and online share broking back office services.
Is there something that Barry, Mark, Colin et al are not telling us?
Recommended for you
With the final tally for FY25 now confirmed, how many advisers left during the financial year and how does it compare to the previous year?
HUB24 has appointed Matt Willis from Vanguard as an executive general manager of platform growth to strengthen the platform’s relationships with industry stakeholders.
Investment manager Drummond Capital Partners has announced a raft of adviser-focused updates, including a practice growth division, relaunched manager research capabilities, and a passive model portfolio suite.
When it comes to M&A activity, the share of financial buyers such as private equity firms in Australia fell from 67 per cent to 12 per cent in the last financial year.
