Specialist advisory firm Créscere has appointed a new operations manager, which the business has said has resulted from its growth and seeing more accountants looking to broaden their offerings with financial planning.
Andrew O’Riordan has joined the company in the role, coming from his prior position as head of operations – financial planning at Mortgage Choice.
Créscere chief executive James Malcolm said the company now has a dozen joint ventures running with accounting groups and it needed a practised head of operations to steer the growth.
The firm partners with accountants to provide planning advice to their clients on both a profit share and capital participation basis, rather than a client ownership basis.
“The failure of limited advice for many accountants and a desire to stay fully-involved with clients has meant that joint venture models like ours are appealing,” Mr Malcolm said.
“Andrew’s role is to support our growth and is essential as each discovery seminar brings more joint venture meetings.
“I think our team appeals because nearly all our managers have been practicing accountants.”
Mr O’Riordan has had more than 15 years’ experience working in senior management roles in the industry.
He was said to build the business three-fold during his three-year tenure at Mortgage Choice.
Prior to that he had been head of dealer group services among other positions at Clearview Wealth and was financial planning business support manager at Bridges/IOOF.
Sarah Simpkins is a journalist at Momentum Media, reporting primarily on banking, financial services and wealth.
Prior to joining the team in 2018, Sarah worked in trade media and produced stories for a current affairs program on community radio.
You can contact her on [email protected].
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