Paradigm had been seeking a leader of Bill Danaher’s calibre for some time. Danaher will be instrumental in Paradigm fulfilling the group’s strategic objectives and leading the organisation through its next growth phase.

Bill Danaher brings extensive experience to the role, having worked in various senior executive positions in both wealth management and banking. Most recently, he was CEO of Industry Funds Services (IFS), a substantial industry body that provides a range of financial services to more than 15 industry superannuation funds.

Prior to IFS Bill was General Manager of Q Invest for 10 years after holding senior roles with both CBA and MLC.

“I am delighted to be joining Paradigm at this stage, and excited about the opportunities for growth for Paradigm. The company has built a solid framework and an excellent range of services and I am looking forward to the opportunity to impart my knowledge and contribute to the further growth and development of its already proven business model”, said Bill Danaher.

Having acquired and successfully integrated Portfolio Managers, a substantial planning business, Paradigm is now set to increase its scale and footprint in the independently owned advisory sector.

Far from the post FoFA era being a period of doom and gloom, Nalty firmly believes that the opportunities will be immense for those professional advice businesses that can provide a truly holistic and comprehensive client centric marketplace offering. “This is now the time for Paradigm to harness the benefits of its reputation, institutional independence and operational efficiency”.

“With its size/scale and nimbleness Paradigm is set to seize competitive advantages in the marketplace and collaborate with financial organisations with initiatives that will add value to all parties”.

In welcoming Bill Danaher to Paradigm, Patrick Nalty said “Bill is acknowledged as an exceptional leader and highly regarded for his entrepreneurial leadership style; record of success and innovation in developing financial products and services”.

“As CEO, Bill will drive Paradigm’s overall strategic direction and broaden the group’s capabilities that are essential to capitalise on business growth opportunities – specifically in the accounting and industry funds sectors”.

The appointment will allow Nalty to take a more strategic advisory role within Paradigm and to enhance and build new alliances particularly in its new division which provides an effective licensing solution to accounting firms, leading up to the removal of the accountants’ exemption in July 2016. .

Paradigm commenced operations in 2003 and its growth and reputation has been built on a platform of independence of institutional ownership and an operational framework that employs specialists to run each of its separate divisions which include a Strategic Advice offering, Asset Management services via an MDA structure, SMSF Administration and Advice, and Personal and Business Insurance.

The appointment of Bill Danaher as CEO and Patrick Nalty’s strategic role within Paradigm marks an important milestone in the history of the business as it positions itself for the new era in financial services.

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