Sherlock Wealth appoints CEO
Sydney wealth management firm Sherlock Wealth has promoted its head of advice to the role of chief executive.
From 1 October, head of advice Andrew Sherlock will take on the leadership role.
He joined the firm in 2000 after four years in accountancy at BT Group and was appointed to head of advice in January 2018.
He will take over from his wife Jacqui Sherlock who has held the role for eight years but will remain involved in the firm as an owner and board member.
Since being founded in the 1970s, the firm has pivoted to service the needs of wealthy Australians who are looking for complex and holistic financial planning. It provides a family office approach for long-term and multigenerational clients, which include business owners and self-funded retirees.
Andrew said: “I am looking forward to spearheading the next stage of transformation as we continue to scale the business to serve the growing needs of successful families.
“Our clients and our team are at the centre of every decision we make. I will still have full oversight across our financial advice and service offering while increasing my involvement in driving innovation and strategic direction.”
Earlier this week, South Australian wealth management firm Retirement Strategies announced it had been acquired by Calder Wealth Management, as its director Ben Cheney said the “time was right” for him to transition away from financial advice after a decade.
“Leading this company has been an incredibly rewarding experience and I am grateful for the relationships I’ve built with more than 300 family groups over the years,” he said.
“The decision to step away for personal and family reasons has not been made lightly and comes with a mix of emotions, but I do it with full confidence that my clients will continue to receive top advice and support through Calder Wealth Management.”
Last month, high-net-worth wealth manager Statton Partners announced it was merging with Wilsons Advisory Private Wealth to add to its clients, advisers and client assets.
Wilsons Advisory has a history of over 125 years focused on financial and advisory services with offices across Australia. Meanwhile, Statton Partners was established in 1967 to provide financial and investment advice.
AUTHOR
Laura Dew
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