Goodall to part company with ING
HeadofINGAdvice, Mike Goodall, has announced his intention to resign from the Dutch giant to strike out and create his own financial advisory business.
Goodall says he intends to purchase half of Bruce Ritchie and Associates, 50 per cent owned by ING subsidiary Millennium 3.
“I’ve had a long term plan for some time to move back into my own advice business and this opportunity came along which was simply too good to pass up,” Goodall says.
“I believe my management experience will prove a useful asset back at the business end of advice,” he added.
Bruce Ritchie and Associates has offices in Sydney and focuses on the business superannuation market.
His role as head of ING Advice has included directing the ING-owned adviser dealer groups and support functions.
Recently, Goodall presided over a program to consolidate and reposition ING’s financial planning businesses, including the launch of Tandem Financial Advice.
Goodall will stay in his current role for several months while a replacement is found.
Recommended for you
Professional services group AZ NGA has made its first acquisition since announcing a $240 million strategic partnership with US manager Oaktree Capital Management in September.
As Insignia Financial looks to bolster its two financial advice businesses, Shadforth and Bridges, CEO Scott Hartley describes to Money Management how the firm will achieve these strategic growth plans.
Centrepoint Alliance says it is “just getting started” as it looks to drive growth via expanding all three streams of advisers within the business.
AFCA’s latest statistics have shed light on which of the major licensees recorded the most consumer complaints in the last financial year.
