Kearns to depart Centric Wealth

appointments financial planning chief executive

22 May 2014
| By Staff |
image
image
expand image

Phil Kearns is to depart his role as chief executive of Centric Wealth following the company's recent acquisition by Findex Australia.

Kearns' departure was confirmed in an announcement today. He will be leaving as of 30 June.

Kearns was appointed to head up Centric Wealth by CHAMP Private Equity in December of 2011 to manage the turn around and growth of the business in preparation for its sale.

Findex acquired the business for $130 million with the backing of KKR .

Commenting on Kearns' departure, Findex chief executive, Sprio Paule said Kearns had transformed the business and provided the vision which would enable Findex to take it to the next level.

"I would like to thank Phil for his significant contribution to this business and wish him all the best with his future endeavors," he said.

Read more about:

AUTHOR

Recommended for you

sub-bgsidebar subscription

Never miss the latest news and developments in wealth management industry

MARKET INSIGHTS

GG

So shareholders lose a dividend plus have seen the erosion of value. Qantas decides to clawback remuneration from Alan ...

4 weeks 1 day ago
Denise Baker

This is why I left my last position. There was no interest in giving the client quality time, it was all about bumping ...

4 weeks 2 days ago
gonski

So the Hayne Royal Commission has left us with this. What a sad day for the financial planning industry. Clearly most ...

4 weeks 2 days ago

The decision whether to proceed with a $100 million settlement for members of the buyer of last resort class action against AMP has been decided in the Federal Court....

2 weeks 1 day ago

A former Brisbane financial adviser has been found guilty of 28 counts of fraud where his clients lost $5.9 million....

4 weeks 1 day ago

The Financial Advice Association Australia has addressed “pretty disturbing” instances where its financial adviser members have allegedly experienced “bullying” by produc...

3 weeks 2 days ago

TOP PERFORMING FUNDS