Former FPA head takes on global role
Dante De Gori, former chief executive of the Financial Planning Association of Australia (FPA), has been appointed as chief executive of the global Financial Planning Standards Board (FPSB).
Effective from 1 January, 2023, De Gori would lead the organisation, which was the standard-setting body for the financial planning profession globally and represented more than 203,000 certified financial planners.
He was chief executive of the FPA for six years before joining the FPSB as head of stakeholder engagement earlier this year.
He would succeed Noel Maye who would step down at the end of this year, having led the organisation since 2004.
FPSB chair, Garry Muriwai, said: “Dante’s deep experience in, and passion for, the financial planning profession combined with his exemplary leadership skills were sought-after assets to drive FPSB’s vision and mission forward. We look forward to working with him to advance the global financial planning profession.”
De Gori said: “As incoming CEO, I’m honored to follow Noel Maye and continue efforts of building and future-proofing the global financial planning profession.
The value of financial planning and of working with a financial planner who has committed to competency and ethical standards, like a CFP professional, is becoming increasingly important with the rise of technology, finfluencers, geopolitical conflicts and inflation,” said De Gori.
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You cannot be serious !!
Kill me now.
The CFP brand is a complete joke, Adviser numbers are the lowest ever, costs and regulation are through the roof, the association has to merge. He appears at the Royal Commission, where the outcome is that Advisers are incapable of self-regulation because it takes over 12 months to decide if cashing out a Defined benefit scheme prior to age 58 is poor advice. His professional partner buddies lie to ASIC 22 times. The very next day he says you guys "advisers" have lots of work to do, and now he's the top dog. Any other industry the CEO gracefully steps down and moves to another sector. In FP we slap him on the back and say great job.
I believe that he is a CFP. Has he passed the FASEA exam?
This guy should never be allowed back into any role regarding financial advice. He has allowed the large instos to get away with their crimes labelling it "failure of advice". We were sold out by Dante, who's business plan was to get the policing role for the FPA thereby guaranteeing government cash flow for the FPA into the future. Salary secured. Oops....didn't quite work out, adviser numbers dropping, better pull the cord and land a cushy job somewhere else. I can barely type such is the anger.
What is the relevance of CFP in Australia? In the USA they don't have the same educational standards we have here, hence the need for them to have a designation. If it must be retained all advisers on the FAR register should be given it as we have all done the tertiary qualifications plus ethics exam. It is a higher standard than CFP.