Leading financial planning dealer group, Fortnum Private Wealth has appointed founder and former CEO of Centric Wealth Glen Castensen in the newly-created executive position to booster up its service offering and help drive the group’s continued growth strategy.
Mr Castensen, who has over 25 years’ financial services experience in financial advice, funds management and investment research, will report to Fortnum Managing Director Neil Younger.
“We are excited to have such a well-respected, experienced executive on board to support Fortnum’s growth initiatives and also work closely with our advisers to drive growth in their underlying businesses,” Mr Younger said.
“Glen’s deep knowledge and understanding of the advice industry amd his experience in building advice capabilities will be very valuable to Fortnum practices and principals.”
Mr Castensen co-founded Centric Wealth in 2005 through the merger of Centrestone Wealth Advisers and Berkley Group. He was formerly Managing Director of Berkley Group, which spun out of Godfrey Pembroke in 1999. He led Centric Wealth during a period of exceptional expansion growing the business to over 400 staff, 10 business line offerings and 15,000+ clients.
Over more recent times, Glen has provided operational and strategic advice to a number of firms operating in technology, investment services and funds management.
“It’s wonderful to be part of such a dynamic and aligned team,” Mr Castensen said.
“I strongly believe there has never been a more important time for consumers or greater value placed by advisers on the need to have an unbiased environment for them to receive and offer financial services. I joined Fortnum with that very much in mind and look forward to working with their planners, existing and
future – over the years to come.”