netwealth recruits AFA’s Anderson
Association of Financial Advisers (AFA) chief operating officer, Phil Anderson, has been recruited by netwealth as head of governance and advice.
The appointment was confirmed by netwealth today, with netwealth founder and joint managing director, Michael Heine saying Anderson would take up his role in October and would be responsible for leading netwealth's Pathway Licensee Services business, providing compliance, technology, research, and education services.
Heine said there would be a focus on education and infrastructure support for licensees and planners.
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.
