WHK reshuffles management structure
Following a number of staff departures since the start of the year, accounting firm WHK Group has made changes to its management structure.
Appointed regional manager for New South Wales, Dean Stokes has previous experience at Commonwealth Bank, Retirewell Financial Planning and KPMGG.
Also taking on regional management roles are Chris White (Melbourne), Zach McArthur (Tasmania) and Greg Wanchap (Queensland).
According to WHK, regional manager Southern Terry Lingard will continue to head up lending and general insurance from a national perspective, but the day-to-day operations will sit with regional management.
Paul Stark - who had been working at WHK on a contract basis for the past 18 months - has been appointed general manager operations for the group.
His role includes third party vendor management, business strategy, policy and working with the risk and compliance team over the next 12 months to ensure the firm is Future of Financial Advice ready.
The WHK-owned Prescott Securities has also appointed its current chief economist Darryl Gobbett as managing principal for the business.
"We have exciting times ahead, and my new structure is well placed to guide our financial services offering into the future," John Nantes, WHK head of financial services and Prescott chief executive said.
In the past six months, 12 senior staff have exited the firm, including head of business services Jorge Di Zio and head of WHK's Norwest office, Thomas Thoma.
Recommended for you
With the final tally for FY25 now confirmed, how many advisers left during the financial year and how does it compare to the previous year?
HUB24 has appointed Matt Willis from Vanguard as an executive general manager of platform growth to strengthen the platform’s relationships with industry stakeholders.
Investment manager Drummond Capital Partners has announced a raft of adviser-focused updates, including a practice growth division, relaunched manager research capabilities, and a passive model portfolio suite.
When it comes to M&A activity, the share of financial buyers such as private equity firms in Australia fell from 67 per cent to 12 per cent in the last financial year.
