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Killarney's Gallivan Financial enters Dublin market through new acquisition
Killarney's Gallivan Financial enters Dublin market through new acquisition

Irish Examiner

time4 days ago

  • Business
  • Irish Examiner

Killarney's Gallivan Financial enters Dublin market through new acquisition

Killarney wealth management firm Gallivan Financial is to acquire Dublin-based Mount Street Group and Tralee-based Kelly O'Shea Pensions & Financial Services. Financial details of the acquisitions have not been disclosed, but the deal will increase Gallivan Financial's total assets under management (AUM) to more than €650m. With several additional deals currently in exclusivity, Gallivan is now on track to surpass €1bn in AUM by the end of this year. The acquisition of Mount Street brings Gallivan's business into the Dublin market for the first time. It was the company's third major transaction in the past two years. The acquisition of Kelly O'Shea Pensions & Financial Services, which was its fourth deal, strengthens its position in Kerry. In 2023, the firm acquired Vincent Casey Life & Pensions, a Killarney-based broker, adding €80m in AUM. This was followed by the acquisition of Limerick-based financial advisory firm FJ Hanly & Associates in September 2024, contributing an additional €100m. Mount Street Group currently manages more than €150m in assets, while Kelly O'Shea Pensions & Financial Services has €40m in assets under management. Gallivan Financial is majority-owned by the Gallivan family, who previously sold Gallivan Murphy Insurance Brokers (GMIB) to US-based Assured Partners in 2022 in a deal understood to be worth €100m. Gallivan Financial was not part of that transaction. Fergal Smith, Gallivan Financial Managing Director, said they were excited to welcome both firms. "Our integration plan is centred around continuity - clients will continue working with the same trusted advisors, while benefiting from the broader resources, technology, and expertise of our combined teams," he said. "We are continuing to look for further expansion opportunities, as we seek to expand Gallivan Financial into a very significant player in the growing Irish wealth management sector. We are currently in exclusive negotiations with a number of parties and are hopeful of closing further deals before the year-end.' Marie Ainsworth, founder of Mount Street, which has more than 500 clients, said they reached the point where a decision had to be made on how to develop the business further. "Our options came down to either expanding the business, which would require an investment of capital or, to look to partner with a suitable firm which can provide the resources required," she said. "After careful consideration, I decided to initiate a process to merge the business with a partner that shared our values and vision when it comes to how we treat our customers, and our standards of service." Kelly O'Shea Pensions & Financial Services Ltd was founded in 2006 and today, has 320 clients. Founder Aidan Kelly said: "After nearly two decades building a business grounded in trust and personal service, finding the right partner for the next chapter was incredibly important. From the outset, it was clear that Gallivan Financial shared our values and long-term commitment to clients.

Senate reconciliation experts strike out on their own
Senate reconciliation experts strike out on their own

Politico

time19-03-2025

  • Business
  • Politico

Senate reconciliation experts strike out on their own

Presented by Vanderbilt University and Washington University in St. Louis With Daniel Lippman SENATE GOP AIDES HANG A SHINGLE: A pair of former Senate Republican staffers who played key roles in the chamber's recent reconciliation fights are setting up shop on K Street as the conference embarks on its massive push to advance President Donald Trump's tax, energy and immigration agendas via the arcane budget process. — Scott Raab, a former top aide to Mitch McConnell, decamped for K Street after two and a half decades working for the longtime Senate GOP leader, most recently as his deputy chief of staff for policy. He's launching Raab Government Strategies, a strategic consulting and government relations firm. — Raab is 'one of the very few people in Washington who, by their very involvement in an issue, signal that things are probably going to somehow work out,' McConnell said in farewell remarks from the Senate floor in December, adding that 'in meetings anywhere in the Capitol, Scott speaks with my authority but a command of policy nuance and procedural nuance entirely his own.' — Meanwhile, Matt Gallivan has left Leavitt Partners, where he's served as a principal, to launch Genesis Health Strategies. The firm will work to help healthcare clients weather what Gallivan said is a 'political reckoning' for the industry, in part by helping navigate the reconciliation process. — Before leaving the Hill in 2018, Gallivan served as health policy director for now-Senate HELP Chair Bill Cassidy (R-La.) during the failed GOP effort to repeal and replace the Affordable Care Act via reconciliation. He also worked as an aide to former Rep. Erik Paulsen (R-Minn.), handling his health and tax portfolio. — Just like in 2021 when Democrats won unified control of Washington under President Joe Biden and began working to move pandemic relief and climate and infrastructure legislation with only a simple majority using the reconciliation process, expertise in the legislative maneuver is in high demand. — That's especially true as Republicans set out to persuade Senate parliamentarian Elizabeth MacDonough — who serves as the chief referee in deciding which provisions comply with the complex reconciliation rules and which must be struck from the bill — to allow them to use an atypical accounting method to permanently extend the 2017 tax cuts. Happy Wednesday and welcome to PI. Send K Street tips and gossip: coprysko@ And be sure to follow me on X: @caitlinoprysko. KIES TO THE KINGDOM: 'Tax super lobbyist Ken Kies is poised to become a top official at the Treasury Department — and it won't be the first time he'll have worked' for the president, POLITICO's Michael Stratford and Brian Faler report. — In financial disclosures required as part of Kies' nomination to oversee tax policy at the Treasury Department, the head of Federal Policy Group revealed that Trump paid him at least $5,000 for 'tax technical advice' and 'tax controversy advice.' — 'The form doesn't provide the precise fee amount nor offer any additional details about why Trump retained Kies. Trump has battled the IRS for years over audits of his taxes.' — Kies' firm 'has not registered to lobby the government on behalf of Trump. And it's possible his work for Trump was for a one-off consultation or legal representation rather than an ongoing lobbying effort. Some of Kies's major clients — such as Microsoft, Arch Capital, and Cruise Lines International Association — had already been made public through public lobbying disclosures.' — 'But his new disclosure paperwork offers new details about the companies who hired Kies for tax and legal advice. His clients included investment firms Glenview Capital Management, Elliott Management, General Atlantic, Millennium Management, as well as U.S. Mortgage Insurers, the Cigar Association of America, and Genie Energy.' — 'Kies wrote in a letter to Treasury's top ethics official earlier this month that, if confirmed, he would 'cease engaging in any business, including the representation of clients.' The firm will 'remain dormant' and won't advertise during his government service, Kies wrote.' BRITT'S CHIEF HEADS DOWNTOWN: Clay Armentrout is leaving the Hill to join Allen Control Systems as its senior vice president of government relations. He most recently served as chief of staff for Sen. Katie Britt (R-Ala.) and before that he spent seven years with former Sen. Richard Shelby (R-Ala.), the former Senate Appropriations chair for whom Britt also worked. — 'I'll forever be glad and grateful I was able to convince [Armentrout] to extend his exemplary service in the Senate another two years to help start our office to ensure we hit the ground running and had a successful 118th Congress,' Britt said in a statement, adding that Armentrout will be 'a tremendous asset who elevates those around him, just as he has done both in my office and throughout his tenure on Capitol Hill.' FLYING IN: Nearly three dozen members of the National Retail Federation's tax committee hit the Hill today to discuss extending the 2017 tax law. Retailers were slated to meet with senior staff from the offices of House Speaker Mike Johnson, House Minority Leader Hakeem Jeffries, House Majority Leader Steve Scalise, Senate Majority Leader John Thune, Sens. John Cornyn (R-Texas) and Steve Daines (R-Mont.) and the Senate Finance Committee. BIG LAW'S TRUMPIAN QUAGMIRE: 'Lawyers at some of the nation's largest law firms are afraid of President Donald Trump. Not just afraid of what his policies might mean for their clients, but now for their own livelihoods, as his attacks on individual firms have left a shocked industry struggling to respond,' per POLITICO's Daniel Barnes. — 'When Trump first took office in 2017, attorneys at Big Law firms lent thousands of pro-bono hours to legal efforts to stymie the administration's most controversial policies. … After his efforts to overturn the results of the 2020 election and the Capitol riot on Jan. 6, 2021, Trump became even more anathema to major firms; several of his criminal defense lawyers had to leave their firms in order to take him on as a client.' — 'Now, as he returns triumphant from the political wilderness, Trump finds a Washington legal community facing a dilemma — keep their heads down and avoid cases that may pit them against the administration, or continue representing clients that might anger a president increasingly willing to use his power to seek vengeance.' ANNALS OF RETRIBUTION: Trump 'and his allies are aggressively attacking the players and machinery that power the left, taking a series of highly partisan official actions that, if successful, will threaten to hobble Democrats' ability to compete in elections for years to come,' The New York Times' Ken Vogel and Shane Goldmacher write of Trump's efforts to go after law firms tied to Democrats, left-leaning fundraising platforms like ActBlue and liberal organizations like the consulting firm Arabella Advisors. — 'So far, the attacks have been diffuse and sometimes indiscriminate or inaccurate. But inside the administration, there are moves to coordinate and expand the assault. A small group of White House officials has been working to identify targets and vulnerabilities inside the Democratic ecosystem, taking stock of previous efforts to investigate them, according to two people familiar with the group's work who requested anonymity to describe it.' LCV TAPS NEW LEADER: 'The League of Conservation Voters named Pete Maysmith as president, putting him atop the green movement's most prominent political fundraiser and one of its most influential forces on Capitol Hill,' per POLITICO's Zack Colman. 'Maysmith, who previously ran LCV's campaigns operation, will also lead the group's advocacy arm, the LCV Education Fund.' — 'He will begin his new role April 15, replacing Gene Karpinski who stepped down in September after 18 years atop the organization.' The leadership transition comes 'as the environmental movement faces myriad institutional challenges, including downsizing at several brand name groups and fundraising headwinds.' Jobs report — Chamber of Digital Commerce President Cody Carbone is being promoted to chief executive officer, replacing outgoing CEO Perianne Boring. Boring, who founded the industry group in 2014, will transition into a new role as the group's board chair. — Alexandria Phelps is now an executive vice president at BerlinRosen. She previously was director of strategic comms for USAID and is a Vivek Murthy, HHS, Kirsten Gillibrand and Chuck Schumer alum. — Caroline Boothe Olsen has joined Venable as a policy director. She was previously director of communications and legislative affairs at Incompas and is a Liz Cheney and Pete Sessions alum. — Johnnie Kaberle has joined WestExec Advisors as senior vice president. She previously was deputy staff director for the House Appropriations Committee and staff director and clerk of the Defense Appropriations Subcommittee. — Jennifer Schuch-Page has rejoined The Asia Group as a managing principal. She most recently was managing director for global bilateral climate action and senior adviser for the U.S. special presidential envoy for climate at the State Department. — Tom Mancinelli is now head of federal strategy and policy at the defense tech startup Antares. He most recently was acting undersecretary of the Navy. — Brian Benko is now deputy communications director for the House Select Committee on China. He previously was a director at Targeted Victory and is a Tim Scott and Marco Rubio alum. — Jessica Barker is joining SIFMA as a vice president focused on tax policy and advocacy. She was most recently general counsel for Sen. Todd Young (R-Ind.). — Maria Karla Leon has joined Intersect Public Affairs as a government affairs associate. She was previously special assistant in the Office of the Executive Secretariat at the Commerce Department. — Former Sens. Mitt Romney (R-Utah) and Joe Manchin ( have joined the board of directors for the Committee for a Responsible Federal Budget. — Roger Carstens is joining the McCain Institute as the inaugural John McCain Freedom for Political Prisoners distinguished senior fellow. He was most recently special envoy for hostage affairs at the State Department. — Jamie Gleklen has joined the Association of Equipment Manufacturers as director of public affairs. She was most recently at Marathon Strategies. The trade group has also added Kristen Prather, formerly of the National Automobile Dealers Association, as senior director of grassroots advocacy the AEM PAC; and has promoted Cristian Lopez to grassroots advocacy associate. — Samuel Oswald has joined Glencore as U.S. policy advisor. He was previously a policy and government affairs specialist at Eni. — Bryson Morgan is now donor and institutional relations coordinator at National Ground Game. He previously was a Florida state House candidate. New Joint Fundraisers Fischer Victory Fund (Sen. Deb Fischer, Nebraska Sandhills PAC, NRSC) Serve America Victory Fund (Serve America PAC, Reps. Seth Moulton, George Whitesides, Derek Tran, Hillary Scholten, Susie Lee, Pat Ryan, Don Davis, Eugene Vindman, Chrissy Houlahan) New PACs ACCOUNTABILITY PROJECT 2025 (Super PAC) Boxcar PAC (PAC) Friends of Chad West (Super PAC) Homeland Values (PAC) New Lobbying REGISTRATIONS Akin Gump Strauss Hauer & Feld: National Association Of Real Estate Investment Trusts, Inc. Anchor & Arrow Strategies: Icebreaker Strategies LLC On Behalf Of Vorbeck Materials Corp. Arentfox Schiff LLP: Midea America Corp. Atlantic Strategies Group: Alaska Structures Atlantic Strategies Group: Scientific Research Corporation Atlantic Strategies Group: Triwest Healthcare Alliance Ballard Partners: F.E.B. Corp. Ballard Partners: Paper Excellence Holdings Corporation Ballard Partners: Prescient Medicine Holdings, Inc. Ballard Partners: The Business Roundtable, Inc. Barsa Strategies, LLC: The Cormac Group (On Behalf Of Participate, Inc.) Broydrick & Associates: Kulr Technology Group Chartwell Strategy Group LLC: Columbia Southern University Chartwell Strategy Group LLC: Heading Home Chartwell Strategy Group LLC: National Grid USA Service Company Inc Chartwell Strategy Group LLC: Pillsbury Winthrop Shaw Pittman LLP On Behalf Of Bemol Retail Slr Continental Strategy, LLC: Coraline Cornerstone Government Affairs, Inc.: American Wood Council Cross Potomac Consulting LLC: Chatham County Dentsply Sirona Inc.: Dentsply Sirona Inc. Etherton And Associates, Inc.: Boeing Company Ferox Strategies: Fresenius Kabi USa LLC Ferox Strategies: Global Grab Technologies Ferox Strategies: National Association For Latino Community Asset Builders Foley & Lardner LLP: Association For Accessible Medicines Foley & Lardner LLP: BlueNalu, Inc. Foley & Lardner LLP: City Of Panama Foley & Lardner LLP: Craxel, Inc. Foley & Lardner LLP: Manitou America Holding, Inc. Global South Lobby Group USa: Global South Lobby Group USa Groupe Seb: Groupe Seb High Street Strategies LLC: Washington College Hollinger Group Consulting: Cotton 7 Hollinger Group Consulting: Enginuity Power Systems Hollinger Group Consulting: Myhy Hollinger Group Consulting: Tadpole Ventures Hollinger Group Consulting: The Atacama Group Hollinger Group Consulting: Volt Athletics Icebreaker Strategies, LLC: PsiQuantum Corp. Lincoln Policy Group: Kidsvax Foundation Lmh Strategic Solutions: Erisa Industry Committee (Eric) Longbow Public Policy Group, LLC: FMR LLC Mcallister & Quinn, LLC: National Association Of Home Builders Mcbride Consulting & Business Development Group: New York Transco, LLC Mccarthy Strategic Solutions: Kentucky Properties Ii, LLC Moran Global Strategies, Inc.: Onebrief Off Hill Strategies L.L.C.: Knife Rights, Inc. Public Strategies 360, LLC: Chatham County Ridgeline Advocacy Group LLC: Alliance Bernstein L.P. Ridgeline Advocacy Group LLC: Amber Semiconductor, Inc Ridgeline Advocacy Group LLC: Animal Wellness Action Ridgeline Advocacy Group LLC: Apex Clean Energy, Inc Ridgeline Advocacy Group LLC: Arkema Inc. Ridgeline Advocacy Group LLC: Bascom Hunter Technologies Ridgeline Advocacy Group LLC: Black Mountain Land Company Lp Ridgeline Advocacy Group LLC: Cemex, Inc. Ridgeline Advocacy Group LLC: Eastman Chemical Company Ridgeline Advocacy Group LLC: Entergy Services LLC Ridgeline Advocacy Group LLC: Equitable Holdings, Inc Ridgeline Advocacy Group LLC: Fti Consulting On Behalf Of St Engineering Ridgeline Advocacy Group LLC: Fti Consulting On Behalf Of Tether Operations, S.A. De C.V. Ridgeline Advocacy Group LLC: Fti Consulting On Behalf Of Tetra Pak Ridgeline Advocacy Group LLC: Lanxess Corporation Ridgeline Advocacy Group LLC: Marathon Petroleum Company Lp Ridgeline Advocacy Group LLC: Monterra Energy Holdings, LLC Ridgeline Advocacy Group LLC: National Electrical Manufacturers Association Ridgeline Advocacy Group LLC: Phillips 66 Ridgeline Advocacy Group LLC: Reinsurance Group Of America, Incorporated Ridgeline Advocacy Group LLC: The Procter & Gamble Company Ridgeline Advocacy Group LLC: The Toy Association Ridgeline Advocacy Group LLC: Westmoreland Mining LLC The Coalition For Renewable Natural Gas: The Coalition For Renewable Natural Gas The Madison Group: Nirsa S.A. Valcour LLC: Ats Group Dooel Skopje Valcour LLC: Circinus Valcour LLC: Community Options Inc Valcour LLC: The Small Parties Group Valcour LLC: Watchtower LLC Vantive US Healthcare LLC: Vantive US Healthcare LLC Williams And Jensen, Pllc: Christmas Tree Group New Lobbying Terminations Skyline Capitol LLC: Artis, LLC Splc Action Fund: Splc Action Fund

The astonishing things nurses had to say about working in a Welsh A&E
The astonishing things nurses had to say about working in a Welsh A&E

Yahoo

time09-02-2025

  • Health
  • Yahoo

The astonishing things nurses had to say about working in a Welsh A&E

"There's not one shift at the moment that I don't have a staff nurse crying," said senior sister at Morriston Hospital A&E - Charlotte Gallivan. She and senior nurse Joanne Fowler said their colleagues likened it to working in a war zone and being in a third-world country. The two were addressing Swansea Bay University Health Board members about what it was really like to work in the busy hospital department. There were 7,523 emergency admissions to Morriston Hospital in December - 242 per day on average - compared to 6,889 in December 2023. Ms Gallivan said colleagues were under "immense pressure" and didn't feel they could give patients the care they wanted. Verbal abuse from patients and relatives, she said, was rising and more security would help. She said there times when up to 12 patients were in inappropriate areas of the department and were "touching basically", which meant no infection control. Stay informed on the latest health news by signing up to our newsletter here READ MORE: Update on Swansea potentially hosting e-scooters trial READ MORE: Huge queue of people wait for 5 hours to try city's new chicken restaurant She described having to choose between three acutely unwell patients after managing to find a bed for one of them, leaving the other two in "serious danger". Ms Gallivan said the department ran low on staff daily and the waiting room was now a clinical area. One patient last week, she said, was waiting 146 hours and during that time needed nursing care. She added: "If we just had a few more staff we could safely look after these patients." Ms Fowler said that if she had a pound for every time she apologised during a shift, she would have a "nice little bonus". She said the emergency department team was very strong when she joined in summer, 2022, and for a short time no agency or bank staff were needed. Ms Fowler said the position changed last April and claimed staffing levels began to fall. Colleagues left for other Band 5 nursing roles, she said, and several went to work at Llanelli's Prince of Wales Hospital. "This has a huge a knock-on effect," she said. Ms Fowler said she was responsible for five very unwell resuscitation patients recently and she didn't feel confident of going on a break as two colleagues, though both "lovely", didn't have the experience to look after them. One of them, she said, had come from the intensive care unit and had never set foot in the emergency department before. Senior nursing staff were spread thinly, said Ms Fowler, and newly-qualified nurses needed a lot of support. She said she often ran out of trolleys and oxygen, ran short of "cardiac leads" and encountered "very surreal" situations such as going outside in the rain at 3am to give an ambulance patient an intravenous medication and finding the ambulance had moved. Ms Gallivan and Ms Fowler said nursing colleagues compared their work to being in a war zone, a third-world country, and playing Russian roulette. But there was also positive feedback about working there. Nursing staff praised colleagues' efforts, described the team as "amazing", and found the variety of the work very rewarding. "Absolutely love our team," said one nurse. "They are what gets me up in the morning at 5am and make me want to come to work." Another nurse said it was an honour to help patients through an uncertain time. "Sometimes the outcome is good and the feeling you get when someone is told their loved one is going to be okay is just the best feeling ever," they said. "Sometimes the outcome is bad, but we are the nurses who stand by those loved ones and hold their hands." Ms Gallivan and Ms Fowler said having more more highly-trained staff would help, as would having a housekeeper to do things like oversee breakfast for patients before Red Cross volunteers arrived later in the morning. Health board members thanked the duo for their candour, the work they and their colleagues did, and said they felt the situation described was not acceptable for patients or staff. A representative from patient watchdog group, Llais, said the picture portrayed was similar to other emergency departments in Wales and there needed to be more capacity within social care to alleviate hospital pressures. Independent board member Jean Church said trying to ensure patients accessed the most appropriate unscheduled care service could help. Reena Owen, another independent member, said it was a fact the Swansea Bay population was getting older and frailer and there would always be those who needed emergency department care. "We have to get the capacity right," she said. "There is also an issue with the (emergency department) building at the moment." Stephen Spill, health board vice-chairman, said staffing levels should not be unsafe and while the use of agency nurses was restricted for financial reasons it had not been cut. "So my question is, what is going on?" he said. Chief executive Abigail Harris said she had recently visited the emergency department and had seen what had been described in the meeting. She said the health board would work hard to try to create more space as a short-term measure, and a longer-term plan to redevelop the emergency department was being drawn up. This latter scheme has been estimated to cost £20m to £30m, according to a separate estates report. Ms Harris said measures such as more visible security could help. She spoke about "right-sizing" in terms of emergency department staff numbers, adding: "We are having to juggle that we have got a significant financial deficit that we have to bring back under control, and the mechanism we have got is to ensure we don't make our services unsafe." She added: "It's about having staff who want to be permanent members of the team." Health board chairwoman Jan Williams said: "We give you our word that we will take action."

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