Snowball gets ready to roll
Snowball has recruited former St George executive Carl Scarcella as general manager of operations as it prepares to unleash its online financial services product on to the market.
In the newly created position, Scarcella will oversee product development, compliance, finance and customer services areas. Prior to joining Snowball, Scarcella spent a lengthy term with St George's investment services business.
Snowball director Bruce Pellow says Scarcella's appointment comes at a pivotal time for the group.
"We're still building up our staff numbers. We're almost at a product launch stage," he says.
Pellow says the founding directors of Snowball knew Scarcella well from his time at St George, as Scarcella was part of the St George team bidding for Sealcorp when it was sold three years ago.
Pellow was one of the key executives of the Sealcorp business that left the group in the past few years to develop the Snowball concept. Others to follow include George Haramis, Terry Williams and Cathy Duncan.
Recommended for you
Wealth Data has revealed the top five licensees for financial adviser growth over the September quarter, with more than 150 advisers joining in Q3 overall.
Former Sydney financial adviser, David Valvo, has pled guilty in court to a charge of dishonest conduct.
Building a network of mentors and coaches with varied skill sets could help women achieve their career goals, according to an FBAA executive.
AMP has reported its Q3 results and provided a progress update on the divestment of its advice division to Entireti.