Stanford Brown CEO steps down
Stanford Brown’s chief executive, Jonathan Hoyle, has stepped down from the role after six years, and 12 years with the company, and will be succeeded by director of private wealth, Vincent O’Neill.
The firm said Hoyle’s decision to leave followed a strong period of growth and that now was the right time for his leadership to transition to the next generation.
“It’s been a privilege and career highlight to lead Stanford Brown, an inspiring team of professionals trusted by clients to advise on some of life’s most important decisions. I have deeply valued our client relationships and am extremely proud of our achievements since I became chief executive,” Hoyle said.
“After 12 years working together, I am delighted that he will be my successor. Vincent is intelligent, professional and a natural leader and I feel the time is now right for him to take Stanford Brown to the next level.”
On O’Neill’s appointment, Stanford Brown’s chair, David Brown, said: “I can think of no better candidate to lead our next chapter of growth. Vincent is a proven and respected leader of our largest division. He embodies all the values of the firm and the attributes of a great adviser and leader of advisers”.
Brown joined the firm in 2007 as an adviser in the private client investment team and was promoted to director of private wealth in 2014.
Recommended for you
Iress has announced it will divest its superannuation business as the latest step in its transformation program, allowing it to focus on wealth management.
The corporate regulator has named its new chief executive, who is set to replace retiring interim CEO Greg Yanco in March.
Following the departure of its chief marketing officer last year, AMP has appointed a successor to take up the position with the appointment coming from the US.
The Financial Services Council has appointed Justine Earl-Smith as executive director for commercial partnerships and growth, a newly created role for the organisation.