Young wraps it up at Perpetual

wealth-management-division/advisers/

1 September 2003
| By Jason |

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.

Read more about:

AUTHOR

Recommended for you

sub-bgsidebar subscription

Never miss the latest news and developments in wealth management industry

MARKET INSIGHTS

So we are now underwriting criminal scams?...

4 months 1 week ago

Glad to see the back of you Steve. You made financial more expensive, not more affordable as you claim, and presided ...

4 months 2 weeks ago

Completely agree Peter. The definition of 'significant change is circumstances relevant to the scope of the advice' is s...

6 months 2 weeks ago

Commonwealth Bank has formally dropped to zero advisers following LGT Crestone’s acquisition of its advice arm – some six years on from the Hayne royal commission. ...

1 week 4 days ago

ASIC has cancelled the AFSL of an advice firm associated with Shield and First Guardian collapses, and permanently banned its responsible manager. ...

3 days 17 hours ago

ASIC has banned a former NSW adviser from providing advice for 10 years for investing at least $14.8 million into a cryptocurrency-based scam. ...

4 days 20 hours ago

TOP PERFORMING FUNDS

ACS FIXED INT - AUSTRALIA/GLOBAL BOND
Fund name
3y(%)pa
1
DomaCom DFS Mortgage
92.15 3 y p.a(%)
3