Synchron chair to depart after 15 years



WT Financial Group, acquirer of Synchron, has thanked retiring Synchron chair, Michael Harrison, for his contribution to the financial services industry and to the firm.
He had worked at Synchron since 2007, initially as a business strategy and marketing consultant, then became chair in 2011 until its acquisition by WT Financial Group.
His position as chair would be taken over by Synchron director, Don Trapnell.
Managing director of WT Financial Group, Keith Cullen, said: “Over that time, the advice and counsel he provided clearly helped the directors grow the business into the vibrant, progressive group it is today.
“He joined Synchron at a pivotal time in its history, helping reinvent the company to become more attractive to younger advisers, while also remaining a preferred licensee for its traditional adviser base.
“His contribution to Synchron, and to the industry, cannot be overstated.”
Harrison’s career spanned accountancy, retail sales, insurance, and banking, consulting to numerous entities, including Citibank, the STAR Alliance Network, the Australian Competition and Consumer Commission (ACCC) and Zurich Financial Services.
Harrison was also the author of three books and a corporate speaker, served three terms as deputy lord mayor of Adelaide, and sat on numerous government and private company boards.
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.