BGI moves quickly to fill key role
BarclaysGlobalInvestors Australia (BGIA) has moved swiftly by appointing internal staffer Tim Bradbury to replace its adviser services director Michael Ohlsson, who resigned two weeks ago after nine years with the group to head up Fidelity Investments’ local operations.
Bradbury, who moves into the role immediately, has worked as a national account manager alongside Ohlsson over the past four years in developing and implementing the groups business strategy for the adviser market.
Bradbury, who has more than 12 years experience in the investment and advice industry in both funds management and financial planning, was previously responsible for a number of dealer groups the company has relationships with.
BGIA chief executive officer Justin Wood says the group had been reviewing its personnel resource capabilities prior to Ohlsson’s unexpected departure, and will look to continue this under Bradbury.
Woods cites increased support from dealer groups and financial planners as the rationale behind the impending expansion, which is set to take place over the coming months.
Earlier this month, Ohlsson was appointed managing director of Fidelity in Australia — a the role that has been vacant for the past two years — after former managing director Michael Gordon relocated to Hong Kong to become Asia-Pacific chief investment officer of the broader group.
Recommended for you
The FSCP has announced its latest verdict, suspending an adviser’s registration for failing to comply with his obligations when providing advice to three clients.
Having sold Madison to Infocus earlier this year, Clime has now set up a new financial advice licensee with eight advisers.
With licensees such as Insignia looking to AI for advice efficiencies, they are being urged to write clear AI policies as soon as possible to prevent a “Wild West” of providers being used by their practices.
Iress has revealed the number of clients per adviser that top advice firms serve, as well as how many client meetings they conduct each week.