New GM role for MLC Advice
National Australia Bank-owned wealth management provider, MLC, has created the new role of general manager, MLC Advice, promoting Jasia Fabig into the role.
The new role is part of the advice provider's strategy to integrate the MLC Advice network into Advice Partnerships, with its own general management structure.
Advice Partnerships general manager, Ross Barnwell, said the MLC Advice network would work best with one team under one general manager.
This would bring together the account management, adviser development management and franchise management functions.
"We're confident that Jasia's extensive career, depth of knowledge, and understanding of the wealth business at both strategic and practice levels will be valuable to the growth of MLC Advice," Barnwell said.
Fabig has held various roles at MLC over the last 14 years, starting out as a practice development manager in 2001. After nine years in that role she moved to St George Financial Planning as head of sales and strategy but returned to MLC Advice and Godfrey Pembroke as its head of practice management.
Recommended for you
The strategic partnership with Oaktree Capital and AZ NGA is likely to pave the way for overseas players looking to enter the Australian financial advice market, according to experts.
ASIC has cancelled a Sydney AFSL for failing to pay a $64,000 AFCA determination related to inappropriate advice, which then had to be paid by the CSLR.
Increasing revenue per client is a strategic priority for over half of financial advice businesses, a new report has found, with documented processes being a key way to achieving this.
The education provider has encouraged all financial advisers to avoid a “last-minute scramble” in meeting education requirements prior to the 31 December 2025 deadline.