Connexus Solutions appoints MD

FASEA

8 October 2021
| By Chris Dastoor |
image
image
expand image

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.

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.

Read more about:

AUTHOR

Recommended for you

sub-bgsidebar subscription

Never miss the latest news and developments in wealth management industry

MARKET INSIGHTS

This verdict highlights something deeply wrong and rotten at the heart of the FSCP. We are witnessing a heavy-handed, op...

2 days 20 hours ago

Interesting. Would be good to know the details of the StrategyOne deal....

1 week ago

It’s astonishing to see the FAAA now pushing for more advisers by courting "career changers" and international recruits,...

3 weeks 5 days ago

Insignia Financial has made four appointments, including three who have joined from TAL, to lead strategy and innovation in its retirement solutions for the MLC brand....

3 weeks ago

A former Brisbane financial adviser has been charged with 26 counts of dishonest conduct regarding a failure to disclose he would receive substantial commission payments ...

6 days ago

Pinnacle Investment Management has announced it will acquire strategic interests in two international fund managers for $142 million....

5 days 3 hours ago