Acclaim Wealth announces succeeding CEO

Yasmine Raso

Senior Journalist, Financial Newswire

2 August 2023

Wealth platform and retail super product provider, Acclaim Wealth – formerly known as AMG Super, has appointed Terry Constable as its incoming Chief Executive Officer (CEO).

Its current Head of Distribution and Partnerships, Constable will succeed current CEO Alan Hegerty after he steps down from the role from 1 October after 12 years spearheading the business.

Based in Sydney, Constable will take over managing the wealth management platform that provides superannuation and investment solutions, including its retail super product known as a self-managed super fund (SMSF) alternative.

The appointment comes as the company looks to continue its growth since its establishment in 2000 as a super fund and in the last few years during its transition into a platform portal provider, with Constable to carry on building strong relationships with clients.

“We are very proud to announce Terry as Acclaim Wealth’s new CEO,” Chairman, Ugo Di Girolamo, said.

“Over the last 10 years Terry has played a big part in helping grow the business to where it is today, showing a strong commitment to providing the best possible service which plays an important part in helping Acclaim to continue the growth in its business.

“I’d like to thank Alan for all his hard work and commitment to the business and wish him well in his endeavours. Alan leaves Acclaim in great shape and we are well-positioned to continue our growth and success, having benefited from Alan’s significant contributions scaling the business over the past 12 years.”

Constable said he was looking forward to growing the firm’s partnerships and collaboration community.

“Driving the distribution function of the business for over 10 years has allowed me to form some extremely strong relationships with our adviser network and business partners,” he said.

“It is these relationships and insights that will continue shape my decisions moving forward.”

“After 12 years with the business, it is time to start a new chapter and move onto the next challenge,” Hegerty said.

“I am extremely proud of what we have achieved. We have launched our new market-leading products and are close to completing our transformative system upgrade project, which positions Acclaim perfectly for the next phase of our growth.

“Terry is the right person to navigate the business through this next stage.”