Perkovic moves out of Commbank wealth


Marianne Perkovic has received a substantial promotion within the Commonwealth Bank.
Perkovic, currently the executive general manager, Wealth Management Advice, has been promoted to the role of executive general manager of Commonwealth Private. Perkovic's role change and change of division within Commbank was announced to staff late this afternoon.
The change will see Perkovic substantially move away from wealth management – her area of core expertise having been the chief executive of Count Financial before being recruited by the Commonwealth Bank.
Her time in the Wealth Management Advice role coincided with a number of challenges including the implementation of the Future of Financial Advice (FOFA) and the lead-up to the Open Advice Review Program.
The notice to staff said the move represented an opportunity for Perkovic to expand her already deep experience beyond wealth management.
The announcement said the bank was in the process of recruiting to replace Perkovic in the Wealth Management Advice role.
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.