Sealcorp ramps up paraplanning
Sealcorp Holdings has lured technical pundit Tim Gunning away from Deutsche Bank as part of a drive to boost its paraplanning outsourcing activities.
Sealcorp Holdings has lured technical pundit Tim Gunning away from Deutsche Bank as part of a drive to boost its paraplanning outsourcing activities.
One focus of Gunning’s new role as general manager of technical services and train-ing will be to help lift Sealcorp’s paraplanning profile among supporters of Asgard and the Securitor and Pact dealer groups.
Sealcorp’s recently appointed director of distribution, Dan Powell, says his group has already been providing low key paraplanning outsourcing services, but now plans to grow this rapidly by improving service levels.
Sealcorp currently employs three paraplanners, but more will be added. Research, software and compliance back up will flow from its ratings house ASSIRT.
In addition to managing and developing Sealcorp’s technical services and training di-vision, Gunning will also develop software models in conjunction with ASSIRT.
Gunning has spent the past seven years in various technical service positions at Deut-sche Bank, the last of which was as Deutche’s associate director of research/technical services.
Deutsche Bank director of technical and research services Stephen Manassah says Gunning will be missed, but adds that Deutsche will make an announcement shortly about changes in its technical support team following Gunning’s departure.
Recommended for you
ASIC has launched court proceedings against the responsible entity of three managed investment schemes with around 600 retail investors.
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.
