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Omniwealth makes senior hires

Non-aligned wealth group Omniwealth has appointed a new managing partner and partner to its business advisory team as the company looks to place more focus on its SME clients.

In a statement, managing director of Omniwealth Matthew Kidd said Duncan Barber has been appointed to the role of managing partner of business advisory and Kelly Reedman has been appointed as a partner.

Prior to joining Omniwealth's business advisory team, both Mr Barber and Ms Reedman worked for Grange Business Partners.

Commenting on the appointments, Mr Kidd said non-aligned wealth and financial planning advisory groups "need an edge" to win and retain small business owners as clients.

"SME owners and professionals are time-poor and we are seeing a good response to our one-stop service for accounting, financial planning, mortgage and finance and legal services.

"It is becoming more common to have a client come in for the day and have our professionals work on every component – from their finances and assets to their business to their SMSF and trusts to their retirement/succession plans," he said.