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.
AUTHOR
Samantha Walker
Recommended for you
While the August financial advice exam saw a lower pass rate of 62 per cent compared with 70 per cent in previous sittings, this expert believes it’s for a positive reason.
With the FY24 reporting season behind us, five major financial advice licensees are looking to achieve growth either through inorganic activity or internal expansion.
An alleged involvement with an insurance claims business has led the Federal Court to vary the orders of a banned adviser to add the threat of jail time.
The investment platform has announced several improvements, enabling advisers to create more bespoke solutions for clients as well as further exclusion options.
