Godfrey to chair Glebe
Godfrey Pembroke founder John Godfrey has been named as chairman of Glebe Asset Management’s financial planning arm.
Godfrey will chair Glebe's Financial Planning Advisory Council which oversees financial planning for the Anglican church-based group.
Glebe's financial planning operations currently oversees $25 million on behalf of its clients. It complements the funds management operations which manages $500 million on behalf of the Anglican Church Diocese of Sydney and $90 million in its retail ethical funds.
Glebe says it aims to deliver "ethical outcomes sought by clients".
Recommended for you
ASIC has released the results of its first adviser exam to be held in 2025, with 241 candidates attempting the test.
Quarterly Wealth Data analysis has uncovered positive improvements in financial adviser numbers compared with losses in the prior corresponding period.
Holding portfolios that are too complex or personalised can be a detractor for acquirers of financial advice firms as they require too much effort to maintain post-acquisition.
As the financial advice profession continues to wait on further DBFO legislation, industry commentators have encouraged advisers to act now in driving practice efficiency.