AZ NGA appoints GM of financial planning
Paul Barrett's AZ NGA, has appointed Adrian Ashton as its general manager of financial planning.
Ashton, who has been working within AMP was expected to step into his new role today.
The Italian-backed company, which unites financial planning practices, said it had experienced strong growth and was well ahead of their business plan.
Therefore, Ashton was appointed to cultivate that community of financial planning practices, according to AZ NGA.
Chief executive of the group, Paul Barrett, said Ashton would also be responsible for creating opportunities that helped the company's partner firms grow efficiency and profitably. Ashton had worked for AMP, both as a capital manager and as the director of their licensee advice, mergers and acquisitions division.
He had also worked as the NSW state manager for Leveraged Equities and helped purchase the Macquarie Margin Lending businesses, while he helped the company through significant margin lending reforms.
Ashton said he had always enjoyed working with financial planners and their businesses and had seen how the power of good advice could help clients throughout their lives.
"This is an opportunity for me to continue to do what drives me professionally," Ashton said.
Recommended for you
With an advice M&A deal taking around six months to enact, two experts have shared their tips on how buyers and sellers can avoid “deal fatigue” and prevent potential deals from collapsing.
Several financial advisers have been shortlisted in the ninth annual Women in Finance Awards 2025, to be held on 14 November.
Digital advice tools are on the rise, but licensees will need to ensure they still meet adviser obligations or potentially risk a class action if clients lose money from a rogue algorithm.
Shaw and Partners has merged with Sydney wealth manager Kennedy Partners Wealth, while Ord Minnett has hired a private wealth adviser from Morgan Stanley.
