Castensen joins Fortnum
The former chief executive of Centric Wealth, Glen Castensen has been recruited to fill a newly-created position at Fortnum Private Wealth.
The senior executive position will see Castensen reporting to Fortnum managing director, Neil Younger, and tasked with boosting the company’s service offering.
Commenting on the appointment, Younger noted that Castensen had over 25 years’ experience in financial advice, funds management and investment research.
“We are excited to have such a well-respected, experienced executive on board to support Fortnum’s growth initiatives and also work closely with our advisers to drive growth in their underlying businesses,” he said. “Glen’s deep knowledge and understanding of the advice industry and his experience in building advice capabilities will be very valuable to Fortnum practices and principals.”
Castensen co-founded Centric Wealth in 2005 through the merger of Centrestone Wealth Advisers and Berkley Group of which he was managing director.
Recommended for you
Zenith Investment Partners has welcomed a BDM focusing on adviser solutions in a series of appointments, while two asset managers have also confirmed new hires.
AMP non-executive director Kathleen Bailey-Lord and Iress non-executive director Susan Forrester have been appointed to the national board of the Australian Institute of Company Directors.
Wealth manager JBWere has announced the launch of two fixed income strategies for wholesale clients, backed by UBS Asset Management.
Firetrail Investments has confirmed the departure of four executives over the last quarter, including head of investment strategy Anthony Doyle.
