Omniwealth appoints new director

financial-planning/SMSFs/insurance/appointments/FOFA/self-managed-superannuation-funds/portfolio-management/high-net-worth/financial-planning-services/investment-advice/director/

5 September 2011
| By Angela Welsh |

Financial planning group Omniwealth has appointed a new director, Matthew Kidd, as part of the firm's plan to drive business growth and diversification.  

Kidd brings 13 years experience across finance, operations and management. He most recently served as a director of privately held business at Grant Thornton Australia. Kidd headed up wealth advisory services for the firm, as well as running privately held business development in Sydney. He also played a significant role in development of the Grant Thornton national professional services team. 

Kidd's focus included self-managed superannuation funds (SMSFs), superannuation, corporate superannuation, portfolio management, investment advice, personal and business risk insurance, and lending.

Prior to that, Kidd was the director in charge of Accru Financial Planning for seven years, servicing high net worth clients. In this role, he oversaw superannuation and corporate super, portfolio management, investment advice, personal and business risk insurance and lending. 

Kidd was also the senior development manager (NSW/ACT) at Adelaide Bank, where he was mainly responsible for money market inflows. 

Kidd said his primary objectives in the new role will be to help clients obtain financial security, while also being responsible for thought leadership and growth analysis.

"With the proposed legislative changes shortly to take effect, we are in the process of implementing several new approaches to the company," Kidd said. The new approaches are intended to "raise the bar of financial planning services," he added. 

Kidd said the firm would focus on quality over quantity. "Our goal is to support the top, FOFA-ready financial advisers with the best services the industry has to offer. It's not about being the biggest."

Omniwealth chief executive officer and co-founder Aaron Greaves said Kidd was chosen to help direct and accelerate the firm's growth. 

Kidd will be responsible for the implementation and analysis of growth strategies including corporate development, national expansion, and new partnerships.

Homepage

Read more about:

AUTHOR

Recommended for you

sub-bgsidebar subscription

Never miss the latest news and developments in wealth management industry

MARKET INSIGHTS

So we are now underwriting criminal scams?...

2 months 3 weeks ago

Glad to see the back of you Steve. You made financial more expensive, not more affordable as you claim, and presided ...

2 months 4 weeks ago

Completely agree Peter. The definition of 'significant change is circumstances relevant to the scope of the advice' is s...

5 months ago

ASIC has suspended the Australian Financial Services Licence of a Melbourne-based financial advice firm....

2 weeks ago

The corporate regulator has issued infringement notices to three AFSLs whose financial advisers provided personal advice to a retail client while unregistered....

2 weeks 6 days ago

ASIC has released the results of its first adviser exam to be held in 2025, with 241 candidates attempting the test....

3 weeks 4 days ago

TOP PERFORMING FUNDS

ACS FIXED INT - AUSTRALIA/GLOBAL BOND