Sentry Group announces business restructure
Sentry Group, the owners of Sentry Financial Planning, have announced they are restructuring their business and management positions following the acquisition of Wealthsure into the organisation.
The restructure includes the establishment of four core divisions and functions — business development, business solutions, compliance, and corporate services.
Daniel Parry has been appointed as head of business development and chief investment officer, David Newman has been appointed head of business solutions and executive director, Hanna Abdullah has been appointed head of compliance and CRO, while Bryan Hills has been appointed head of corporate services and executive director.
The firm said it will maximise its scale as a non-institutionally aligned independent dealer group while leveraging technology.
The group merged with Wealthsure in April this year, with combined adviser numbers of over 300 and funds under advice of $5 billion.
The corporate regulator had issued an enforceable undertaking to Wealthsure since September 2013, with the business split into two lines. The EU continued to apply to the planning business, WFS, under the new ownership agreement.
Chief executive, Murray Hills, also announced a new branding to reflect the group business as well as a new website, which would go live in the next two weeks.
AUTHOR
Malavika Santhebennur
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