Snowball gets ready to roll

compliance/director/

24 January 2001
| By Kate Kachor |

Snowball has recruited former St George executive Carl Scarcella as general manager of operations as it prepares to unleash its online financial services product on to the market.

In the newly created position, Scarcella will oversee product development, compliance, finance and customer services areas. Prior to joining Snowball, Scarcella spent a lengthy term with St George's investment services business.

Snowball director Bruce Pellow says Scarcella's appointment comes at a pivotal time for the group.

"We're still building up our staff numbers. We're almost at a product launch stage," he says.

Pellow says the founding directors of Snowball knew Scarcella well from his time at St George, as Scarcella was part of the St George team bidding for Sealcorp when it was sold three years ago.

Pellow was one of the key executives of the Sealcorp business that left the group in the past few years to develop the Snowball concept. Others to follow include George Haramis, Terry Williams and Cathy Duncan.

Read more about:

AUTHOR

Recommended for you

sub-bgsidebar subscription

Never miss the latest news and developments in wealth management industry

MARKET INSIGHTS

The succession dilemma is more than just a matter of commitments.This isn’t simply about younger vs. older advisers. It’...

1 month 4 weeks ago

Significant ethical issues there. If a relationship is in the process of breaking down then both parties are likely to b...

2 months 3 weeks ago

It's not licensees not putting them on, it's small businesses (that are licensed) that cannot afford to put them on. The...

3 months ago

ASIC has canceled the AFSL of Sydney-based asset consultant and research firm....

4 weeks 1 day ago

BlackRock Australia plans to launch a Bitcoin ETF later this month, wrapping the firm’s US-listed version which is US$85 billion in size....

3 days 6 hours ago

ASIC has banned a Melbourne-based financial adviser for eight years over false and misleading statements regarding clients’ superannuation investments....

2 weeks 3 days ago

TOP PERFORMING FUNDS

ACS FIXED INT - AUSTRALIA/GLOBAL BOND
moneymanagement logo