OneVue completes transition to Iress
OneVue has formally transitioned to Iress and de-listed from the Australian Securities Exchange (ASX) following its acquisition earlier this year and its founder and managing director, Connie Mckeage will step back to a consultancy position.
OneVue’s chief financial officer, Ashley Fenton, and head of people and culture, George Ribar, had accepted a redundancy. The remainder of the OneVue team would transition across to the Iress business.
Mckeage said: “The completion of this strategic acquisition of OneVue by Iress marks a historic moment and welcomes in a new era of further growth and acceleration of the strategy. The strength of OneVue’s execution and service model paired with the distribution and technology leadership of Iress, dramatically hastens the execution of the strategy beyond what the two organisations could accomplish independently.
“Most importantly we are very pleased that the OneVue vision will continue to unfold under Iress’ stewardship and that they are looking forward to working alongside our staff and clients. I want to thank all of our staff for their incredible contributions over the years, and our board for their support and guidance throughout our journey, particularly over recent months.”
OneVue chair, Ron Dewhurst added: “Today marks an historic moment for OneVue and the realisation of the core strategy of the group. I want to acknowledge the enormous contributions of the leadership team, in particular Ash and George who have chosen not to move across as part of the acquisition – your contributions under the most trying of circumstances have been unparalleled.
“Most importantly, I want to recognise the tireless efforts, incredible vision and foresight of OneVue’s founder, Connie – it has been deeply rewarding to work alongside you. Throughout what would have been the perfect storm for any other business, it is your resilience and sheer determination that have made the difference in realising what we have achieved. I wish you and all of the OneVue team the utmost of joy and future success.”
AUTHOR
Laura Dew
Recommended for you
Having sold Madison to Infocus earlier this year, Clime has now set up a new financial advice licensee with eight advisers.
With licensees such as Insignia looking to AI for advice efficiencies, they are being urged to write clear AI policies as soon as possible to prevent a “Wild West” of providers being used by their practices.
Iress has revealed the number of clients per adviser that top advice firms serve, as well as how many client meetings they conduct each week.
Morningstar has made two business development appointments to drive the growth strategy of its financial advice software, AdviserLogic.
