AZ NGA recruits chief operating officer
The chief operating officer of Countplus will join AZ Next Generation Advisory in the new year, spearheading the group's expansion plans.
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The chief operating officer of Countplus will join AZ Next Generation Advisory in the new year, spearheading the group's expansion plans.
AZ Next Generation Advisory has recruited Countplus chief operating officer, Graham McGeagh, to drive expansion plans.
AZ Next Generation Advisory has acquired a regional financial advice firm with $250 million in funds under management.
AZ Next Generation Advisory has announced the acquisition of RI Newcastle and Lower Hunter in the New South Wales Hunter Region.
Paul Barrett, AZ NGA chief executive, said: “These advice mega firms will be akin to the mid-tier in accounting and professional services. The super firm strategy will be led by entrepreneurs not institutions. It will be driven by investment in the advice margin not the product margin. It will be powered by M&A to enable entrepreneurs to acquire capability and capacity. “M&A activity is heating up, fuelled by record low interest rates, an ageing adviser population and a general realisation that scale and capacity are critical for sustainable long-term growth. In the next 12 to 24 months...