Centric Wealth has added to its Canberra presence with the appointment of Sean Ryan to the ACT team as a wealth adviser.

It follows the arrival in December of wealth adviser Sara Caggiano.

Canberra is an important market for Centric, according to CEO Phil Kearns.

“It’s a high-net-worth area with a lot of double-income families,” he told insuranceNEWS.com.au.

Mr Kearns says the wealth business is experiencing a surge. “With the uptick in the markets of late we have quite a bit of demand from existing clients to move back into equities and high-growth assets.”

Mr Ryan and Ms Caggiano have both moved from Perpetual.

Centric has $4 billion under advice and about 3500 clients.