Gunning announced chief executive of Ord Minnett
Former Commonwealth Financial Planning (CFP) general manager Tim Gunning has been appointed chief executive of specialist financial services provider Ord Minnett.
The announcement follows yesterday’s revelation that Gunning had resigned from his post at CFP.
Gunning has been replaced at CFP by national manager David Mackay but is not due to begin his role as chief executive until October 1. Gunning will replace the current chief executive and managing director Karl Morris, who will take on the position of executive chairman at Ord Minnett.
Under Gunning’s management will be Ord Minnett’s private wealth, portfolio services, funds management and corporate finance businesses.
Morris said Gunning’s experience in financial services made him the “ideal fit” for Ord Minnett, which was acquired by Australian Wealth Management last year before it merged with IOOF Holdings in April this year.
Recommended for you
New York-based firm CC Capital has bumped up its offer to stay ahead of rival bidder Bain Capital.
In a tight race against Morgans, AMP Financial Planning has won back its position as the largest individual licensee in Australia, according to Wealth Data.
Learning to delegate authority and relinquish a hands-on approach is a critical step towards building a self-sustaining financial advice practice, says Assured Support.
Private wealth management company Stellan Capital has appointed a new chief executive, who brings over three decades of experience in the global financial services industry.
