Damian Hearn joins Chain & Naylor with 14 years’ experience in the financial services industry. Most recently, Mr Hearn headed up the TechConnect team at IOOF where he was responsible for the provision of technical support to financial advisers.
He has also worked at Perpetual Private Clients as a technical services manager and prior to that he worked at Asgard Wealth Solutions and Colonial First State.
David Hasib, partner at Chan & Naylor Wealth Planning described Mr Hearn’s appointment as an integral part of the firm’s future growth strategy.
“At a time when the independence of financial advice is under the spotlight, it is independent groups who offer a holistic quality value proposition that will likely grow,” he said.
“Meanwhile competition within the industry will increase as it is forced to get its house in order and dealer groups simultaneously ramp up their marketing efforts to accountants, who will have to operate within the confines of new licensing requirements from 2016 onwards,” said Mr Hasib.
Mr Hearne said Chan & Naylor’s ongoing commitment to providing clients with a complete, 360-degree service proposition was key in his decision to join the firm.
“Successful people want to surround themselves with other successful people, and I believe that as the financial outlook for many Australians looks increasingly uncertain there is even more imperative for advice that offers strong technical acumen and reflects the breadth of financial services that will serve clients throughout their lifetime,” he said.
“Being part of an independent national network with a presence in metropolitan, suburban and regional parts of Australia was a strong drawcard for me, as was the opportunity to work with a myriad of clients who share the common goal of wanting to achieve financial independence,” said Mr Hearne.