Terry Constable
Acclaim Wealth, a leading wealth management platform provider, has announced the appointment of current Head of Distribution and Partnerships, Terry Constable, as its incoming Chief Executive Officer (CEO).
Mr Constable will take the reins from current long-standing CEO, Alan Hegerty, who is stepping down from the role after 12 years leading the business. The transition, which will take effect from 1 October 2023, comes as Acclaim Wealth continues to expand its services, build strong relationships with partners, and provide innovative solutions to financial advisers and individuals.
Mr Constable, who is based in Sydney, has been with Acclaim Wealth for over a decade, most recently as the Head of Distribution and Partnerships. He will take over the role from Alan Hegerty, who has contributed significantly to the growth and success of Acclaim Wealth over the past 12 years.
Chairman Ugo Di Girolamo commented, “We are very proud to announce Terry as Acclaim Wealth’s new CEO. Over the last 10 years Terry has played a big part in helping grow the business to where it is today, showing a strong commitment to providing the best possible service which plays an important part in helping Acclaim to continue the growth in its business.”
Mr Di Girolamo also acknowledged the departure of Alan Hegerty saying, “I’d like to thank Alan for all his hard work and commitment to the business and wish him well in his endeavours. Alan leaves Acclaim in great shape and we are well-positioned to continue our growth and success, having benefited from Alan’s significant contributions scaling the business over the past 12 years.”
Mr Constable shared his vision for the company, saying, “I deeply appreciate the board’s confidence in me as the new CEO and am greatly looking forward to expanding the partnership network. Driving the distribution function of the business for over 10 years has allowed me to form some extremely strong relationships with our adviser network and business partners. It is these relationships and insights that will continue shape my decisions moving forward.
Commenting on his departure, Alan Hegerty stated, “After 12 years with the business, it is time to start a new chapter and move onto the next challenge. I am extremely proud of what we have achieved. We have launched our new market-leading products and are close to completing our transformative system upgrade project, which positions Acclaim perfectly for the next phase of our growth. Terry is the right person to navigate the business through this next stage.”
Acclaim Wealth is a wealth management platform featuring both superannuation and investment solutions and with its flagship retail super product known as an alternative to an SMSF – with less administrative burden. The platform’s innovative individual HIN model provides advisers and investors with the benefits of individual asset ownership with the convenience, functionality and reporting of a platform.
With Mr Constable at the helm, Acclaim Wealth aims to continue solving challenges faced by advisers. The company’s premium service, ease of share trading, innovative product design and market leading platform portal ensure Acclaim is a market leader, setting a benchmark for wealth management technology. He has played a pivotal role in the company’s growth over this time, fostering strong relationships with the firm’s largest clients makes him the ideal person to drive the next phase of Acclaim’s expansion.