Fitzpatricks Private Wealth announces new CEO
Fitzpatricks Private Wealth has appointed MLC general manager Matthew Fogarty as its new chief executive, with the change allowing John Woodley to take on a role as executive director of the firm.
Fogarty would bring experience at Geneseys and IPAC Equity Partners, as well as his time as general manager, Garvan and MLC financial planning at MLC.
John McMurdo welcomed Fogarty’s extensive history in the advice industry.
“I am delighted that Matthew will be joining our Group to lead Fitzpatricks Private Wealth. Matthew’s extensive industry experience and passion for advice will support our firm as we continue to grow,” he said.
Woodley would now oversee advice across Fitzpatricks Financial Group, with a strategic focus on mentoring and coaching advisers.
“Our advisers highly value the strategic coaching and mentoring provided by John Woodley. To meet this demand, John will now focus on how we help advisers build great client outcomes for their clients,” McMurdo said.
“Many licensees do not have the resources to invest in high quality coaching and mentoring services, but this is an area we believe we can show industry changing leadership. As a Founder and Director of our firm, John Woodley’s advice is highly valued and appreciated by advisers.”
Recommended for you
AFCA has confirmed its chief operating officer, Justin Untersteiner, will be departing the organisation in March to take up a CEO role.
Minister for Financial Services, Stephen Jones, has announced he will be retiring at the upcoming federal election.
Culture clashes and differing management styles are among the reasons why, recruiters tell Money Management, they see employees changing jobs post-M&A activity.
Iress has announced it will divest its superannuation business as the latest step in its transformation program, allowing it to focus on wealth management.