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
Unregistered managed investment scheme operator Chris Marco has been sentenced after being found guilty of 43 fraud charges, receiving the highest sentence imposed by an Australian court regarding an ASIC criminal investigation.
ASIC has cancelled the AFSL of Sydney-based Arrumar Private after it failed to comply with the conditions of its licence.
Two investment advisory research houses have announced a merger to form a combined entity under the name Delta Portfolios.
The top five licensees are demonstrating a “strong recovery” from losses in the first half of the year, and the gap is narrowing between their respective adviser numbers.
