WealthO2 has confirmed the departure of chief executive Shannon Bernasconi.
On Monday, the wealth management software provider announced that chief distribution officer Andrew Whelan assumed the role of acting CEO last week.
Ms Bernasconi has worked with the company as its managing director since 2015.
“The board extends its appreciation and thanks for Shannon’s efforts these past four years,” WealthO2 board chairman Neil Roderick said.
“We wish her well for the future.”
Meanwhile, WealthO2 also announced the appointment of two new board members this week in founding WealthO2 shareholder and Class Super founder Richard Barber and Nimit Capital Partners’ John Griffiths.
“These new board appointments bring a wealth of strategic expertise and networks to support the exciting next phase of WealthO2’s expansion plans and to accelerate delivery efficiency gains for our clients,” Mr Roderick added.
Neil is the Deputy Editor of the wealth titles, including ifa and InvestorDaily.
Neil is also the host of the ifa show podcast.
The shadow treasurer says advisers can’t be blamed for the high cost of advice as they struggle with increased levies ...
The advice network says it has upgraded its expectation for cost savings to $4 million as a result of Diverger’s ...
Single adviser-led firms continue to expand their footprint in the Australian advice ecosystem, Adviser Ratings research ...
Never miss the stories that impact the industry.
Get the latest news! Subscribe to the ifa bulletin