Reporting to Head of Distribution Strategy and Marketing, Neil Rogan, Darren and Ryan have been appointed to further strengthen the service and support existing and new practices.
Darren will take on the position of National Business Consultancy Manager, commencing on Monday, 5 May 2014.

‘Darren is a proven leader in the area of adviser growth, retention, building high performing teams and enabling adviser practices to reach the goals they aspire. His focus will be to drive high
performance across our national network and this will be key as we move into our growth phase’ says Rogan.

Ryan Goodfellow will be joining the Professional Investment Services team as State Manager for Victoria and Tasmania, commencing on Wednesday, 9 April 2014.

‘Ryan will focus on recruitment, growth and the development of our advisers’ practices including
consulting to the network on new initiatives such as Business Health and continuing marketing and growth initiatives all designed to offer PIS practices the simplest and most profitable offering in the market.

‘With a collective industry background spanning more than 35 years, these gentlemen will be instrumental in the support and growth of our network’s financial planning businesses,’ says Rogan.

These appointments come after last week Professional Investment Services’ parent company
Centrepoint Alliance announced its plans to raise capital that will significantly bolster its financial
strength and position the group well for long term growth and create opportunities for the wealth management business.

‘Centrepoint is also investing in ‘capability funding’ for the wealth management business, like building a smarter practice – integrating various systems and solutions in the marketplace to make the advisers’ life much easier.

‘These are two great appointments for the Professional Investment Services business as we continue to build on the expertise within our team to provide our network with consistent, quality, best in industry services,’ says Rogan.

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John de Zwart

Centrepoint Alliance Limited (Centrepoint) has reported pre-tax profit of $2.2m, up 229% on the prior corresponding period with overall revenues increasing by 2% to $27.4m.

The Premium Funding division had an excellent start to the year with strong growth in revenues, profits and market share. The Wealth Management division has made substantial progress in its transformation to become a highly respected customer and adviser centric business.

Centrepoint’s Managing Director John de Zwart says, ‘these great results reflect the continuous improvements we have made across the business and in particular, our adviser systems, standards and training, with further enhancements made to our practice development capabilities.

‘We have positioned Centrepoint for growth with management capabilities continuously being strengthened and the culture aligned with our vision of being a highly respected non-institutional service provider to financial advisers and licensees.’

The Premium Funding business has reported a strong underlying pre-tax result of $2.5m, up 32% on the prior corresponding period.

‘Recent industry consolidation has provided us with the perfect opportunity to grow our market share with a 25% increase in the number of brokers actively providing business to us. We invested in improvements to our IT systems which has enhanced the overall experience for our customers.

‘These improvements are greatly benefiting productivity and are resulting in repeat business,’ says de Zwart.

The Wealth Management business has reported an underlying pre-tax profit of $3.0m supported by stronger financial adviser engagement and cost management.

‘During this period, our financial adviser relationships have strengthened as a result of our change in culture and this being reflected in improved service and offerings to our networks.

‘The Group holds strong positions in segments of the financial services market which are fast growing and high margin. The business has an experienced team that is growing market share in each segment, building capabilities and delivering superb service to customers and clients.

‘A significant investment is being made in our people and technology to meet our customers’ needs, whilst assisting brokers, financial advisers and accountants to operate efficient and profitable businesses,’ says de Zwart.

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