Andrew Gale joins Chase Corporate Advisory
Former Count Financial managing director Andrew Gale has joined specialist corporate advisers Chase Corporate Advisory as executive director.
In meeting the growing demand from accountancy and financial services professionals for mergers and acquisitions and related transactions expertise, the firms have also appointed former KPMG New South Wales chairman Chris Jordan AO as executive chairman.
According to Chase, Gale has acquired a significant equity stake in the firm, which founder Jeff Singh said indicated Gale's "commitment to the business".
The Self-Managed Super Fund Professionals' Association director said the next five years will see a major change in ownership of both accounting and financial planning practices as a large proportion of the industry reaches retirement age and the integration of accounting and planning practices increases.
"In addition, there is expected to be continued strong consolidation of Australian financial services licence holders, driven largely by regulatory reform, and also strong consolidation in both the funds management sector and superannuation funds sector, driven by industry dynamics," he said.
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