In an announcement late last week, the Heffron team said Martin’s light will continue to “shine brightly within the organisation”.

“Martin, our co-founder, will always be remembered as a warm and kind-hearted leader. He was uniquely inquisitive and incredibly passionate about creating an organisation that strives to help people live independently and within their means in his adopted Australia,” the statement said.

Martin has long been a prominent and highly regarded member of the SMSF industry and created the Heffron firm with his wife, Meg Heffron.

He was formerly the managing director of Heffron, with Meg stepping into the role last year. Martin remained actively involved in the business as a director.