Non-institutionally owned licensee, Fortnum Financial Group has announced that Larry Fingleson has stepped down as non-executive director of the company’s board to focus on his executive roles including spearheading new not-for-profit organisation, The Growth Project.
Fingleson, managing director of one of Fortnum’s principal practices, Priority Advisory Group, was a founding director of Fortnum Financial Group.
Fortnum chairman Ray Miles thanked Fingleson for the instrumental role he played in the group’s ongoing development.
“Larry has made a significant and valuable contribution to the board over the past five years. His constructive outlook and approach has helped shaped Fortnum,” Miles said.
Fortnum is currently in the process of appointing an independent director, which it hopes to announce shortly.
Fingleson said his decision to resign from the board would allow him to bed down changes at Priority Advisory Group, which was in the middle of a radical business transformation project. It would also release him to focus on The Growth Project, which exists to invest in the leadership of the not-for-profit sector.
Last year Priority Advisory Group engaged consultants Peloton Partners to review the business and identify strategic opportunities with a view to boost adviser productivity and deliver improved client and stakeholder outcomes.
“We’ve been in business for 30 years and while many things have changed, there’s still enormous room for improvement which will drive greater efficiencies and deliver enhanced client outcomes,” Fingleson said.
“I’m working with Peloton Partners to implement the changes which will strongly position the business for future growth. From a personal perspective I’m passionate about The Growth Project because I want to help small non-profit organisations and charities succeed by providing mentoring and leadership development opportunities for key staff and management.”
Source: Fortnum
