Synchron practice expands in Sydney
Melbourne-based Synchron practice Wealth Enhancers is on the verge of opening a Sydney office, which will be headed by ex-army officer and former UBS trader Wade Tink.
The firm is currently negotiating terms to move into premises on York Street, but is virtually up and running otherwise, with meetings already taking place, according to Wealth Enhancers chief executive Finn Kelly.
The business is actively recruiting for specialist financial advisers to join the Sydney practice. It currently has three advisers in Melbourne as well as Tink, who is currently the firm's strategic adviser.
Kelly said the business would be looking for as many as five specialist financial advisers for the Sydney business, with admin support to remain in Melbourne and one practice manager organising the Sydney office.
Recruits go through an intensive application process with several interviews in order to ensure candidates are not just qualified but also a cultural fit for the business, Kelly said.
Rather than looking to hire for specific roles, if the right candidate came along it would be a case of creating a suitable role, he said.
Recommended for you
Shadow financial services minister, Luke Howarth, has stressed the Coalition’s commitment to reforming the CSLR, adding that he ultimately wants to “get rid of it”.
With just over three weeks until the federal election, the FAAA has put a reduction in red tape and further support for new entrants on its priority list for an incoming government.
The corporate regulator has issued infringement notices to three AFSLs whose financial advisers provided personal advice to a retail client while unregistered.
Rather than taking a controlling approach, the latest generation of overseas private equity deals is helping advice firms to achieve their growth ambitions, three commentators have said.
