Asteron reshuffles distribution roles
Promina’s financial services division,Asteron, has made a flurry of key appointments to its marketing and distribution team in an effort to realign the division and drive growth in the business.
The group has appointed Doug Kirkman to the position of head of sales and distribution, moving up the ladder from his previous role as national manager for distribution where he was responsible for Asteron’s recent growth and implementation of the Financial Services Reform Act (FSRA).
Steve Browning has moved from a consulting role with the group to Kirkman’s vacated position, and will be responsible for the management of theGuardian Financial PlanningandCameron Walshebusinesses.
Browning was most recently national manger of the now defunct dealer groupAltus Financial ServicesatAXA, though he has also held senior roles withNSP Buck,AMPandMLC Financial Planning.
As part of the reshuffle, Ian Lewis, former general manager of both Guardian Financial Planning and Cameron Walshe, will leave the business to start his own planning business under the Guardian banner.
Jim Simpson has been moved into the compliance manager - sales and marketing role, after joining Asteron four months ago and helping manage the FSR transition task for the two planning businesses.
Two new state managers have also recently joined the group - Angelo De Fazio in South Australia and Rob Teune in Western Australia.
Asteron's general manager of sales and marketing Peter Jowett says the appointments aim to further strengthen its service to financial advisers as well as grow the business.
"We work in a dynamic and competitive industry. We have set ourselves some aggressive sales targets and are implementing a number of strategies in order to achieve those results,” Jowett says.
Recommended for you
Net cash flow on AMP’s platforms saw a substantial jump in the last quarter to $740 million, while its new digital advice offering boosted flows to superannuation and investment.
Insignia Financial has provided an update on the status of its private equity bidders as an initial six-week due diligence period comes to an end.
A judge has detailed how individuals lent as much as $1.1 million each to former financial adviser Anthony Del Vecchio, only learning when they contacted his employer that nothing had ever been invested.
Having rejected the possibility of an IPO, Mason Stevens’ CEO details why the wealth platform went down the PE route and how it intends to accelerate its growth ambitions in financial advice.