Tynan Mackenzie opens Victorian office

Boutique financial planning group Tynan Mackenzie has opened the doors on its Melbourne office, adding a fourth location to the group.The new office is set to be managed by senior financial consultant with the group, Rod Hayes.

According to chief executive Tony Fenning the creation of the Melbourne office took 18 months of planning and was a response to servicing a market the group felt had been overlooked.

“It seems odd that we did not service Melbourne when a large part of our client base is located there as well,” Fenning says.

“We had been looking at options to open in Melbourne for some time and the opportunity had presented itself. This initiative is the next step in the firm’s development as it expands outside of its founding centres of Sydney and Brisbane”.

The opening of the Melbourne office follows the group’s recent announcement of the release of an exclusive private client wrap and wholesale investment service and the opening of an office in Wollongong.

Despite searching for someone to head up the new office Fenning says the group decided to hire internally.

He says it was a sign of the maturity of the firm that it could promote staff across to key positions but the group was still looking for high quality planners to join the group. Hayes will take on that role in Melbourne and says the group is interested in talking to like-minded experienced planners.

Hayes will also work closely with the firm’s founders David Tynan and James Mackenzie in building the Melbourne operation.

“We are very ambitious in what we think we can achieve in this market. We believe there are few genuine attractive alternatives to the quality of advice and service we provide to our clients,” Hayes said.