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Connexus Solutions appoints MD

Array Array FASEA

8 October 2021

| By Chris Dastoor |

People & Products

Small to medium Australian financial service licences (AFSLs) licensee services firm, Connexus Solutions, has appointed Mark Stephen as managing director.

Stephen was most recently chief executive of IOOF Group owned, Lonsdale Financial Group, which he led for over 10 years.

Fellow Connexus director, Murray Swilks, said, “We are fortunate to have someone of Mark's calibre and experience joining the business.

“He has been a passionate advocate for supporting boutique financial planning practices and AFSL’s to better their businesses and their leaders, helping them improve their business models while retaining ultimate control of their future state.”

Since its launch, Swilks said the firm had grown too close to 35 self-licensed financial planning groups committed as members of Connexus Solutions.

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Stephen said the firm aimed to help financial planning businesses explore their licensing options.

“Our aim is to assist them in providing better advice and service to clients, to become more profitable, sustainable, and actively exhibit the values and standards set by FASEA [the Financial Adviser Standards and Ethics Authority], which has become a benchmark for all advice businesses.

“This often means exploring self-licensing as an option, where we facilitate the transition from [authorised representative] AR to AFSL.”

Launched in 2020 Connexus Solutions was a provider of licensee solutions to boutique AFSL owners.

AUTHOR

Chris Dastoor

Chris is the news editor for Money Management and Super Review. He joined the Money Management team after completing a degree in Journalism while working for various community media outlets.

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