Two new management staff at Zurich
Zurich Financial Serviceshas made two new appointments to its business with an ex-AMP and Rothschild employee joining its risk and investment management teams respectively.
In the life risk team, former AMP manager risk products Marc Fabris joins the group as strategic marketing manager, while Zurich has also appointed Mark Lade as investment management and life regional manager for Western Australia.
Based in Sydney, Fabris spent the past three years with AMP and has 14 years experience in risk insurance, including eight years as a risk adviser/life broker.
Fabris will report to Zurich head of risk business, Michael Harrison, and will be responsible for continuing to grow the group’s risk business.
“The downturn of in markets and changes in financial planning regulations have seen a resurgence of interest by planners in life risk products,” Harrison says.
Meanwhile, Lade fills the also newly created position of investment management and life regional manager for WA.
Lade, has more than 16 years experience in the financial services industry, and has spent the past three years as Rothschild Australia Asset Management’s Victorian state manager, based in Melbourne, prior to which he was Rothschild’s WA state manager.
Prior to his stint at Rothschild, Lade worked as a private client adviser with stockbrokersMerrill Lynchand, before that, with JB Were & Son in Perth.
Zurich head of distribution Steve Newnham says Lade brings“not only his lengthy experience in the area of relationships with intermediaries, but also his intimate knowledge of the West Australian market”.
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.
