Dale Sanftl latest to leave PwC for a new challenge with own wealth shop

Dataroom hears another high flying PwC partner has flown the coop.

The musical chairs continue apace in the wealth management advisory world.

Dataroom hears another high flying PwC partner has flown the coop following news last month of seven former PwC partners, including Peter Mastos, Richard Shackcloth, Nikhil de Silva and Sammy Kumar, joining former boss Luke Sayers’ new investment venture called “Sayers”.

Sayers has also picked up a string of executives from JB Were and Judo Bank.

Now Dale Sanftl, who for the past five years was PwC’s specialist adviser to ultra high net worth families, family offices, private enterprise and entrepreneurs, has left the firm.

But unlike his former colleagues, Sanftl — who for seven years prior to joining PwC, including during the GFC, worked at the Myer Family Company — is said to be setting up his shop advising wealthy families. Its quite a trend apparently and proof that Sayers, whose backers include billionaire Lindsay Fox, can’t snare everyone.

We also hear Dominic Pelligana, who has led KPMG’s family business practice since 2005, has left to set up his own multi-family office offering for ultra high net worths.