Centric Wealth

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Media Releases

Centric Wealth is regularly featured in the financial press. Here you can read our press releases:

23 Nov 2016

  Centric Wealth launches Family Office
Centric wealth, part of Findex, one of Australia’s leading accountancy and financial advisory firms, has launched Family Office, an entirely new financial offering that gives individuals and businesses a single point of contact to build and maintain their wealth. View more

18 Jun 2015   A Budget sleeper... Game changer for Employee Share Ownership Plans
A little noticed development on budget night was significant changes included in the way Employee Share Ownership Plans or ESOPs operate, particularly relating to tax treatment, according to Centric Wealth adviser Wade Tink. View more

01 Apr 2015    Senior industry figures join Findex investment committee
Findex Group today announced the appointment of two senior industry figures to the Group's investment committee, which mandates the Group's approved investment products. Former long-time MLC Chief Investment Officer Chris Condon, and long-time former Chief Investment Officer of Optimix, Emmanuel Calligeris will take up the positions immediately. View more

17 Feb 2015   Findex names new head of research
The Findex Group has announced the appointment of Dr Stefano Cavaglia as its head of investment research. Dr Cavaglia is an internationally recognised investment manager with over 20 years’ experience across Australia, North America, and Europe. View more

05 Feb 2015    Celia Carroll to head up Centric Wealth's Queensland operations
Findex Group today announced Celia Carroll will return to her adopted home town of Brisbane to take on the role of Centric Wealth's Queensland State Manager for advisory services. View more
30 Jan 2015   Centric invests $50 million in international equities with Maverick Capital

Centric Wealth has announced the selection of Maverick Capital for a $50 million allocation following a review of global equities managers.

The US based Maverick Capital was founded in 1993 by Lee Ainslee, who was formerly at Julian Robertson’s Tiger Fund, and has in excess of $9 billion FUM. Chief Investment Officer of Centric Wealth’s parent company Findex Group, Kieran Canavan said the decision was the result of a detailed examination of the global equities offering in the Australian market. The extract below, taken from Australian Financial Review, provides greater insight into this recent investment. View more

15 Dec 2014   

Findex acquisition of Crowe Horwath to proceed
The Findex Group’s offer to purchase Crowe Horwath Australia has been accepted by Crowe Horwath shareholders. As such, Findex will be formally taking over the business as of January 6, 2015.
View more

 06 June 2014  

Phil Kearns Departure Letter
Centric Wealth will retain its privately owned status. The business will continue to focus on the key objective of maintaining and improving on the high-quality, personalised service we deliver to our clients. View more

28 Feb 2014   

Centric Wealth says estate planning central issue for same sex couples
Financial planning and estate planning just as important for same sex couples as it is for more traditional unions.

Centric Wealth has said that even without recognised gay marriage, there are many areas where those in same sex relationships are given the same rights as traditional couples. However, as legislation varies amongst states and territories, it is imperative that same sex couples seek estate planning and financial advice to ensure their partner is taken care of in the future. View more

27 Feb 2014   

Aged-care complexity continues, despite government reforms
Centric Wealth says bonds now creating most confusion for elderly and their families

Leading wealth management advisory firm, Centric Wealth, today said that despite the Federal Government’s Living Longer Living Better reforms, the aged care industry continues to be plagued by complexity and uncertainty, particularly in relation to bonds. View more

15 Jan 2014   

Don’t let mining downturn lead to personal finance crisis
Centric Wealth says mining executives need savvy strategies to ensure wealth preservation

Leading Wealth Management firm, Centric Wealth, today said mining executives and managers should invest their money wisely, as with exploration levels falling, job and wages cuts could follow, meaning executives need to adjust their salary and financial expectations. View more

12 Jan 2014

Financial Index Wealth Accountants to acquire Centric Wealth
Deal creates one of Australia’s largest privately owned financial advisory businesses, with over A$7.6bn funds under advice

Financial Index Wealth Accountants (“FIWA“ or “Findex”) has entered into a Bid Implementation Agreement (“BIA”) with high net worth advisory firm Centric Wealth Ltd (“Centric Wealth”), under which Findex has agreed to acquire all outstanding ordinary shares issued by Centric Wealth by way of an off-market takeover bid (“Offer”)1.

FIWA founder and chief executive officer Spiro Paule said the transaction would bring together two businesses with a strong focus on providing the highest quality financial advice for clients. View more

4 Dec 2013   

Why living longer means you need to plan more effectively
How to prevent increased longevity becoming a major financial issue: Centric Wealth.

Because most people tend to under estimate how long they are going to live, very few are able to effectively plan their financial affairs for the duration of their life. That is the view of wealth advisory firm Centric Wealth. View more

24 Oct 2013   

Complex income & assets tests at risk of impeding care for aged parents 
Complex aged care rules putting financial strain on families: Centric Wealth

Leading wealth management firm, Centric Wealth, today said that the current cost of aged care services, combined with complex carer and pension entitlements rules, means an increasing number of families are unable to pay for the care services their elderly relatives need. View more

22 Oct 2013   

Centric Wealth DHA Fund wins PIR Unlisted Fund of the Year
Andrew Mehrtens leads offer of Residential Housing funds to institutional and retail investors

Leading wealth management firm, Centric Wealth and its partner DHA, have been awarded a prestigious award by Property Investment Research (PIR) for the Centric DHA Residential Property Fund (the Fund). The award comes as the Fund receives a AA+ rating from the same research house. View more

14 Oct 2013   

Centric Wealth further regional expansion. Adam Pearsall to head Newcastle office
Centric Wealth has today announced the next step in the Group’s growth strategy with the opening of a local office in Newcastle, New South Wales. View more

09 Oct 2013   

Don't risk your life insurance claim being rejected in bid to save time or money 
According to leading wealth advisory firm, Centric Wealth, the complexity of today’s life insurance policies can result in a claim being rejected because the smallest of details was incorrect at the time the policy was purchased. View more

03 Oct 2013   

Review investment structures when circumstances change; says Centric Wealth 
Managing and protecting assets an essential part of the financial planning process

Investors looking to maximise the effectiveness of their assets need to ensure they are being held and managed using the right investment structure. Additionally, these structures must be aligned not only with the investorʼs current financial and family circumstances, but also encompass how circumstances may change over time. View more

19 Aug 2013   

Self control of Super not the answer for all; says Centric Wealth
Leading Wealth Management firm, Centric Wealth, today said the growth of self managed super funds (SMSFs) could cause problems for retirees and create further strain on the nation’s budget, if large numbers of SMSF trustees fail to correctly manage their retirement funds. View more 

11 July 2013   

Centric Wealth says sound financial advice key to making the most of redundancy. 
Leading Wealth Management firm, Centric Wealth, today said that with a likely rise in Australiaʼs unemployment figures, developing a plan for redundancy would help ensure any financial benefits are maximised and that your long term interests are protected. View more

10 April 2013   

Centric Wealth listens to clients; Says value not price key to satisfied clients.
Centric Wealth forms client advisory group to help identify key issues in better meeting clients needs and directly shaping future growth. Centric Wealth today said that recent feedback from its clients indicated that a demonstration of value and capital security are more important than price when judging the overall value of advice. View more

28 Feb 2013   

Centric Wealth board welcomes Bonnie Boezeman AO. Highly awarded former Paypal Chair and director of Urban Growth NSW joins board of directors.
Centric Wealth today announced that Bonnie Boezeman has joined its board of directors. Chairman, David Shein, said Ms Boezeman’s considerable business expertise will be highly valued by the Group.
Bonnie brings significant experience, gained in Australia and overseas and is highly regarded by both the business and government communities. Bonnie is well-known for her business acumen, as well as her philanthropic achievements. View more

20 Feb 2013  

Centric Wealth strengthens ACT presence. Experienced financial planners Sean Ryan and Sara Caggiano join Canberra practice.
Centric Wealth today announced the addition of Sean Ryan to its Canberra team, further strengthening its presence in the ACT. The announcement follows the appointment of Sara Caggiano in late 2012. CEO Phil Kearns welcomed Mr Ryan and Ms Caggiano to the Centric Wealth team and said their local experience and networks would be of particular benefit to the company. View more

6 Feb 2013  

Centric Wealth names new head of Melbourne. Celia Carroll appointed to lead local team and enhance client relationships.
Ms Carroll has been a financial planning professional since 1995 and has been with Centric Wealth since 2004, advising clients in all areas of retirement planning, wealth creation, portfolio construction and superannuation. In addition, Ms Carroll has held a number of management positions for Centric Wealth. These have included National Manager of Advisers, State Manager of Advisers for NSW and Manager of Strategic Relationships, the latter position involving working with associated accounting and legal firms. View more

19 Dec 2012   

Making sure you keep your financial resolutions. Centric Wealth gives ten questions to ask your financial adviser.
Centric Wealth today said that with so many people thinking about how they might manage their finance differently in 2013, choosing the right financial adviser is just as important as how they choose to invest their money. View more

22 Nov 2012   

Self-Managed Superannuation Fund Trustees Bearing Increasing Risk Burden. Sound advice needed to avoid underinsurance.
Centric Wealth today said the burden on self managed super investors was becoming unwieldy and leaving many at risk of being underinsured. According to Centric Wealth, one of Australia’s leading financial advisory firms, a constantly changing regulatory landscape means it is now more important than ever for SMSF trustees to seek professional help to better manage and protect their funds. View more

14 Nov 2012   

Former Westpac Group Exec Richard Thomas joins Centric Wealth board. Non-Executive Director to provide guidance for growth in times of change.
Centric Wealth today announced that the highly experienced financial services company director, Richard Thomas, has become a member of the board. Chairman, David Shein, said the experience of Mr Thomas would be invaluable in taking Centric Wealth forward in the current economic environment.  View more

13 Sept 2012   
Why your lifestyle can be more important than your pay packet.  Understanding the characteristics of successful investors.
Forget trying to pick the next big thing on the sharemarket, or even getting a major pay rise; the key to financial wellbeing is as much about lifestyle choices and being organised, as it is about making clever investment choices and earning more money; according to Centric Wealth. View more
26 July 2012   
Centric Wealth is pleased to announce that Dr Don Stammer has joined its Portfolio Construction Committee. 
Dr Stammer is one of the most experienced and respected market economists in Australia and Asia with a career spanning over 50 years. His career has included being an academic economist, deputy chief manager at the Reserve Bank, chief economist and director of investment strategy with Deutsche Bank and its predecessor Bain & Company. View more

21 Nov 2011


Phil Kearns appointed CEO at Centric Wealth, Chairman says senior management team now complete
Centric Wealth, one of Australia’s leading wealth advisory firms, today announced the appointment of senior Investec Bank executive, Phil Kearns, as its new Chief Executive Officer. Mr Kearns will commence with Centric on 12 December. View more

23 Mar 2011


Australia's millionaires lose their appetite for growth but gain a healthy hunger for advice
Over half of Australia’s 310,000 millionaires want more financial advice, and are prepared to pay for it, according to the latest Centric Wealth / Investment Trends High Net Worth Investor Report. View more

3 Mar 2011 


Next Generation of Financial Advice shows industry the way ahead
Leading wealth advisory firm Centric Wealth today announced an integrated new portfolio management approach that represents the next step in the delivery of professional financial advice in Australia. View more

27 Oct 2010

  New professionalism standards lift the bar on best practice in financial advice
Centric Wealth has taken the lead in the financial advice industry by releasing its own formalised standards for best practice financial advice. The Centric Wealth Professionalism in Financial Advice Standards aim to aid the delivery of the best wealth advice available and have been formally adopted by Centric Wealth financial planning advisers. View more
20 May 2010  

Victorian's wealthiest most likely to stick to their long-term investment plan.
With market volatility again taking hold of the global financial scene, the release of the inaugural Investment Trends / Centric Wealth High Net Worth Investor Report provides some timely insights into the investment habits of Australia’s 300,000 millionaires. View more

 20 May 2010   Australia's wealthiest investors: new report gives the who, the what - and the 'where now'

With market volatility again taking hold of the global financial scene, the release of the inaugural Investment Trends / Centric Wealth High Net Worth Investor Report provides some timely insights into the investment habits of Australia’s 300,000 millionaires. View more 

20 May 2010   

Revealed: how Australia's wealthiest value and measure advice
The inaugural Investment Trends / Centric Wealth High Net Worth Investor Report offers compelling insights into the attitudes of Australia’s wealthiest individuals toward financial advice. View more

20 May 2010   

NSW / ACT wealthiest are more risk tolerant when it comes to investments
With market volatility again taking hold of the global financial scene, the release of the inaugural Investment Trends / Centric Wealth High Net Worth Investor Report provides some timely insights into the investment habits of Australia’s 300,000 millionaires. View more

20 May 2010   

Half of QLD's wealthiest want more investment advice
With market volatility again taking hold of the global financial scene, the release of the inaugural Investment Trends / Centric Wealth High Net Worth Investor Report provides some timely insights into the investment habits of Australia’s 300,000 millionaires.  View more

23 Feb 2010   

Centric Wealth's growth plans include acquisitions in 2010
High end wealth manager, Centric Wealth, has flagged growth plans that include the expansion of its risk insurance capability in 2010, announcing its intention to acquire businesses, particularly in Melbourne, Brisbane and Canberra. View more

3 Sep 2009   

Think before you fix, say the experts
Despite this week's RBA decision to keep interest rates on hold, many commentators are exhorting borrowers to ‘get their affairs in order' before the anticipated increases hit - perhaps as early as November. In so doing, many borrowers believe they can lock into current record rate lows by fixing their loans. View more

9 Jun 2009   

Insuring your most valuable asset - your income
How redundancy can impact or even invalidate your income protection cover.  In the current environment where commercial downsizing is commonplace and the threat of redundancy looms large, people are scrutinising insurance policies and asking if existing income protection cover will be adversely affected by the loss of their job. View more

13 Mar 2008   

High Net Worth investors look to ethical investments
Australian high net worth investors are increasingly supporting ethical investments, according to leading wealth advisory firm Centric Wealth. View more

21 Feb 2008   

Centric answers key questions on interest rate
With interest rates now at their highest for over a decade, many consumers are questioning their mortgage and loan repayment situations.
With this in mind, Sheyne Walsh, joint head of Centric Wealth's Lending Services division, answers some of the most commonly asked questions during times of interest rate movement. View more