Lambert bows out of Countplus chairmanship
Barry Lambert has retired from his position as chairman of Countplus.
The company announced to the Australian Securities Exchange (ASX) today that Lambert would be succeeded by independent non-executive director, Ray Kellerman.
Lambert would remain a director of the company in the short-term.
Kellerman has a long history in the financial services industry having worked across a number of roles at Perpetual Trustees, Credit Suisse Asset Management and ClearView Wealth. He is currently a director of Goodman Funds Management Australia, Foundation Life New Zealand and Ryder Capital.
He has been a non-executive director of Countplus since January.
Recommended for you
The Australian Financial Complaints Authority has shared how much its member fees will rise in the next financial year.
Wealth managers have said they are experiencing difficulties in aligning their company’s in-house views with the ever-increasing needs of clients, according to MSCI.
The financial advice industry is experiencing a “champagne problem” regarding pricing, with advice firms seeing no need to cut their prices to remain competitive.
Marking a decade offering managed accounts in Australia, BlackRock has elaborated on the changes it has seen in their usage by financial advisers, with net client flows rising from 4 per cent to 25 per cent.
