Executive reshuffle for Financial Wisdom
A week after it revealed that it had recruited two key executives from rival Winchcombe Carson, Financial Wisdom has announced further changes to its managerial team and rolled out a range of initiatives to advisers.
As part of a revamped strategy for the Commonwealth Bank-owned dealer, Financial Wisdom general manager Paul Barrett said the group had rolled out the Envision client management software to its advisers and implemented a business coaching program.
He said in light of the initiatives, a number of key positional changes had been made, including Greg Hansen’s promotion to national manager, business coaching.
Barrett said Hansen and Keith Peel, manager best practice, were developing the business coaching tools and processes that the dealer group would launch on September 1, 2005.
He said the new role of practice development consultant had also been created in each mainland capital city. The first appointments for this role were Ian Knight in Victoria and Jason Evans in Queensland.
Barrett said the group was also developing strategic alliances with other organisations.
To support this strategy, former state manager of South Australia and Northern Territory, Frank O’Shannessy, has been appointed to the newly created position of national manager, alliances, with Queensland state manager, John Rynne, now assuming responsibility for the Northern Territory.
Money Management reported last week that Winchcombe Carson’s national dealership manager, Tim Van Leeuwin, and operations manager, Tony Mantineo, had joined Financial Wisdom.
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.
