Scott, BT part company
Ron Scott has resigned from his post as head of BT Portfolio Services.
Ron Scott has resigned from his post as head of BT Portfolio Services.
Scott, who has been with the BT group for the past 12 years, has been at the helm of BT Portfolio Services since it became a separate business in 1997.
No official reason has been given for his departure.
Scott’s replacement is former chief operating officer for BT Financial Group, Graeme Fowler. Fowler has been with BT since 1987. From 1995 to 1997, Fowler was chief executive officer for BT Funds Management in New Zealand.
Scott’s departure has not been the only movement at BT Portfolio Services of late. A few weeks ago, Bill Wawn took up the second in command position, responsible for sales, marketing, product and relationship management with the business.
The month before, long serving BT Portfolio Services senior vice president Dan Powell left the group to join rivals Asgard. Powell was involved in the wrap ac-count side of BT Portfolio Services’ business.
Recommended for you
After seven years at the company, Iress’ chief technology officer for wealth management APAC, Anthony Gerrits, has departed as the firm commences a search process to fill the role.
With advice firms thinking about scaling up in 2025, research has detailed the main avenues financial advisers say they have used for successful recruitment.
The board of Insignia Financial has reached a decision regarding the possible acquisition of the firm by US private equity giant Bain Capital.
Six of the seven listed financial advice licensees have reported positive share price growth in 2024, with AMP and Insignia successfully reversing earlier losses.