De Gori to become FPA CEO


After more than five years at the helm of the Financial Planning Association (FPA), Mark Rantall will step down from his role as chief executive in February, next year.
Rantall will be succeeded by the FPA's policy director, Dante De Gori.
The succession plan was announced at the opening plenary of the FPA's annual professional congress in Brisbane with the FPA chairman, Neil Kendall, stating that Rantall would be taking up a non-executive director role.
Rantall's departure comes exactly a year after the departure of former FPA chairman, Matthew Rowe, with both men regarded as having navigated the planning group through a significant constitutional change, mapping its path to becoming a professional body and the tortuous Future of Financial Advice (FOFA) process.
De Gori represents a ready-made successor to Rantall having overseen the FPA's policy decisions over the past five years.
De Gori came to the FPA from being a technical manager, business support at ClearView Retirement Solutions, and prior to that a technical services consultant at Suncorp.
Announcing the change, Kendall acknowledged Rantall's role in advancing the cause of professionalism in the financial planning industry during a period of significant change.
He said the board had settled on De Gori as successor after having undertaken a rigorous executive search.
He noted that De Gori would be the second FPA chief executive after Rantall to hold a Certified Financial Planner designation.
Rantall has been recognised with an honorary lifetime membership of the FPA.
Recommended for you
Sequoia Financial Group has declined by five financial advisers in the past week, four of whom have opened up a new AFSL, according to Wealth Data.
Insignia Financial chief executive Scott Hartley has detailed whether the firm will be selecting an exclusive bidder for the second phase of due diligence as it awaits revised bids from three private equity players.
Insignia Financial has reported a statutory net loss after tax of $17 million in its first half results, although the firm has noted cost optimisation means this is an improvement from a $50 million loss last year.
With alternative funds being described as “impossible” for fund managers to target towards advisers without the support of BDMs for education, Money Management explores the evolving nature of the distribution role.