[Media Release] Chan & Naylor appoints Sarah Magarey as General Manager

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Chan & Naylor has appointed highly experienced professional services leader, Sarah Magarey, to the new role of General Manager, where she will lead the firm’s 22 businesses and 158 staff  across 16 locations around the country.

The decision was made by Chan & Naylor’s Board of Directors following a rigorous recruitment process. This is the first time a woman has led the organisation in its 25-year history which also has nearly 60% of its Client Managers being female.

“Sarah is a perfect fit for Chan & Naylor, bringing a wealth of local and international experience spanning professional services, publishing and global compliance and reporting to the organisation,” Ken Raiss, said.

“Her illustrious professional services experience, most notably with Ernst & Young, has included leadership roles across a breadth of portfolios with significant expertise in Australia, London and the broader Asia-Pacific region. This experience will build on the knowledge and culture that has been established over Chan & Naylor two decades in the business, and will set us up for even more record smashing growth in the years ahead.

“Together we will continue to work very closely with our clients and Joint Venture Partners to ensure Chan & Naylor remains Australia’s leading property tax accountants, wealth planners and finance brokers,” Ken said.

Sarah Magarey said she was excited by the challenges and opportunities that the move from Ernst & Young to Chan & Naylor represented.

“I’ve always worked in the big end of town, so I relished the idea of leading a smaller firm that is really focused on client outcomes, where I could roll up my sleeves and get things done across the breadth of the business,” Sarah said.

“Chan & Naylor is full of talented, dedicated people, teaming to solve problems in a creative and innovative way while delivering excellent service to build that trusted advisor relationship.

“That positions us well to serve clients who need support in important areas of their lives such as ensuring their hard work builds value for their future and that of their families.

“There’s a reason accountants always come near the top in surveys of the most trusted professions – and at Chan & Naylor we really do have a fantastic team,” Sarah said.

Sarah’s appointment follows a record 12 months for the firm that has seen:

  • Three acquisition agreements worth more than $1.5 million with accountancy firms in Victoria, Western Australia and New South Wales who have now merged with existing Chan & Naylor offices.
  • Significant growth across all sectors of the business, most notably in Wealth Planning which grew by 38 per cent, and in Accounting Joint Venture Operations which grew by 12 per cent year on year.
  • A further boost to Chan & Naylor’s leadership as Australia’s preeminent property accountants  by forging and strengthening alliance partnerships with:  LJ Hooker – Australia’s number one real estate brand, Real Estate Investar – the leading online platform for property investors, and Cherie Barber’s Renovating for Profit – Australia’s most popular renovating education program.
  • A new strategic partnership with Dale Beaumont’s BusinessBluePrint to further support Chan & Naylor’s small business clients and to complement its growing business advisory service of providing business clients with dashboard analysis and industry benchmarking.
  • The rapid expansion of Chan & Naylor’s mortgage broking business which now sees broking staff in the vast majority of offices across the country.

Sarah said she looked forward to working with the firm’s clients and Joint Venture Partners in the months and years ahead to break even more records for Chan & Naylor.

“It’s now 10years since Chan & Naylor shook up the accountancy industry by introducing a new way for accountants to plan management succession strategies and determine their own personal exit from their business, on their terms and without the need to pull completely away from their highly valued and trusted businesses.

“This model, that we call the Joint Venture Partnership Program, has seen extraordinary growth since its introduction and with the wave of baby boomers keen to step away from their business and transition to retirement now fast approaching, we know there will be a very busy and exciting time ahead.

“I look forward to introducing more of Australia’s leading accountants to Chan & Naylor’s unique, and proven, way of thinking,” Sarah said.

For more information on Chan & Naylor, visit www.chan-naylor.com.au

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