DASH Technology Group has appointed Darryl Johnson as chief platform officer and Mark Papendieck as chief commercial officer, both joining DASH from Integrated Portfolio Solutions.
This follows DASH’s total acquisition of Integrated – a non-custodial platform with $10.6 billion in funds under advice (FUA) – in October, bringing DASH’s total FUA to $15 billion.
“These appointments signal another step for DASH towards its strategy to deliver technology that ensures quality advice is accessible to all Australians, regardless of portfolio size,” DASH said.
Joining the firm, Johnson will utilise his extensive experience and knowledge gained through more than 14 years as co-founder and managing director at Integrated to lead all platform-related product development and enhancements for DASH.
Meanwhile, Papendieck will utilise his experience as chief commercial officer and company secretary for Integrated to help drive growth at DASH, in addition to enhancing client engagement and ensuring the firm’s commercial strategy aligns with its overall vision.
Papendieck has held a number of C-suite, executive and non-executive roles throughout his long career in financial services, such as being the chief executive of Acanteos, “Australia’s first true online wrap platform” and head of platform distribution for Perpetual in the early 2000s.
DASH chief executive Andrew Whelan said Johnson and Papendieck’s industry knowledge and experience will help shape the future of the firm as they deliver on client expectations following the acquisition of Integrated.
“There’s no doubt 2024 was a huge year for DASH and seeing these two high-calibre individuals join our executive team to help steer and execute on our strategy is great news. Darryl and Mark are stepping into newly created roles, and we are looking forward to what this will bring to the team,” Whelan said.
“Darryl and Mark bring considerable expertise and experience with them. Following the acquisition of Integrated, we are, of course, committed to continuing to deliver the services and outcomes that Integrated’s clients expect while also leveraging the best of both the DASH and Integrated worlds to deliver meaningful benefits for all clients.”
Speaking on his appointment, Papendieck said he is pleased to be taking this step with DASH as the profession undergoes significant technological evolution.
“Whilst we know that navigating the accelerating change that technology is driving across our industry is not always easy, we also know that meaningful change only comes from embracing innovation,” he said.
“I look forward to supporting advice firms as they reimagine their business models and embrace smarter, integrated platform and advice technology to not just adapt but thrive in a digital-first world.”
Meanwhile, Johnson said he is excited to work with the team at DASH to drive innovation in platform product development.
“We’re not just building for the next two to five years – we’re laying the foundation for the next 20 and beyond,” he said.
Speaking with ifa in September, Whelan said the firm will “continue to look at strategic acquisitions over the next 12 months”.
“DASH’s growth strategy has been, and will continue to be, centred around delivering the most complete and scalable solution in the market,” Whelan added at the time.
