Clearview Advice News Today

Simon Swanson has resigned as chair of Centrepoint Alliance (Centrepoint) just four months on from his appointment.

Centrepoint Alliance has announced a net profit after tax of $6.3 million as it forecasts a strong recruitment pipeline of over 360 financial advisers looking to join the licensee.

As the former ClearView chief takes over as chair of the group, the new loan will fuel its commitment to accelerating growth through mergers and acquisitions.

Former ClearView managing director, Simon Swanson, has been appointed as chair of Centrepoint Alliance.

Centrepoint Alliance said it is actively hunting acquisition opportunities, as it reported a significant increase in profit for the first half.

Diverger believes Centrepoint’s FY22 results show its acquisition offer provided fair value and maintains consolidating the two licensees is a positive outcome for the industry. However, Centrepoint is eyeing its own acquisition opportunities elsewhere.

Centrepoint Alliance does not believe Diverger’s bid fairly reflects its strategic value. Centrepoint Alliance (CAF) has responded to Diverger’s offer to acquire all shares in the firm for a comb

Divergers bid for Centrepoint Alliance does not reflect the companys strategic value, the latters board has determined.