Young wraps it up at Perpetual
PerpetualTrusteeshead of marketing Michael Young has stepped away from the group, ending his seven year relationship with the company.
Young stresses the break is amicable and has not yet decided on another role in the industry but expects he will work in financial services in the future.
According to Young, Perpetual will not immediately fill the role but will wait until the appointment of a new managing director after the incumbent Graham Bradley steps down from the role in September this year.
Young says he is most well-known for the branding of Perpetual, which included its first ever television advertising campaign four years ago, and was part of moving the brand from a smaller name in the market to one of its most recognised.
His move follows on from that of Bradley and Gai McGrath, who held the role of company secretary and head of fund governance solutions.
McGrath, who has also posted seven years with Perpetual, will move toBT Financial Groupat the start of August to head up its legal and risk services.
Early last month, the wealth management division of the group, Perpetual Personal Financial Services, said it would retrench 51 staff, including a small number of advisers in an effort to increase the efficiency of its business.
AUTHOR
Jason Spits
Recommended for you
Advice licensee Sequoia Financial Group has promoted Sophie Chen as an executive director, following her work on the firm’s Asia Pacific strategy.
The Australian Financial Complaints Authority has reported an 18 per cent increase in investment and advice complaints received in the financial year 2025, rebounding from the previous year’s 26 per cent dip.
As reports flow in of investors lining up to buy gold at Sydney’s ABC Bullion store this week, two financial advisers have cautioned against succumbing to the hype as gold prices hit shaky ground.
After three weeks of struggling gains, this week has marked a return to strong growth for adviser numbers, in addition to three new licensees commencing.
