Trinity has growth spurt
Less than six months after setting up their own practice, Trinity principal consult-ants Bill O' Sullivan and Debbie Thomas have merged with another Cairns finan-cial planner, creating of one of the largest planning offices in Queensland.
Less than six months after setting up their own practice, Trinity principal consult-ants Bill O' Sullivan and Debbie Thomas have merged with another Cairns finan-cial planner, creating of one of the largest planning offices in Queensland.
The move sees Gil Hotchkiss of Grosvenor Services join Trinity, set up by O'Sulli-van and Thomas after they moved from Adviser Investment Services earlier this year.
The merger also sees Hotchkiss' insurance and superannuation registry come across resulting in more than $100 million in client funds in the hands of the plan-ning business.
O'Sullivan says there was a desire for more staff and Hotchkiss filled a need.
"Trinity identified that we needed staff to be successful and over an 18 month pe-riod we have been beefing up the staff numbers.
"Gil saw what we were doing with our planning business and came on board," O'Sullivan says.
He also says there are plans afoot to increase the number of planners and adminis-trative staff in the practice over the next 18 months to a total of 20.
"This business has been growing at 40 per cent per annum every year for the last six years and there is a need to reach critical mass with staff to maintain customer service and expand our customer base," O'Sullivan says.
However the most important step in creating this ability to service and grow clients has been the corporatisation of the practice.
"This decision was made two years ago as the result of staff issues. With corpora-tising, the business the systems in place are such that when I leave on holidays next week I hope no one will notice I'm gone," O'Sullivan says.
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