EQT expands advice management team
Equity Trustees has created a new managerial role within the advice and personal services team, hiring a former independent business consultant to assist with the transition to a FOFA-compliant model.
Julie Foster has been named in the new role of national manager, advice and personal services, with responsibility for the company’s advice practices, including personal wealth management, sorporate superannuation advice and aged care advisory.
Foster was formerly the director of 4Quadrant, a business and change management consulting firm, and prior to that had a number of roles at financial services organisations such as TOWER, CBA and Colonial Limited.
Geoff Rimmer, head of EQT private wealth services, said Foster’s recruitment would assist the company with its business growth plans in the post-Future of Financial Advice phase.
“EQT is positioning itself to ensure it is fully compliant with the new Future of Financial Advice (FOFA) reforms, as well as helping other financial planning organisations meet the ‘best interest’ and ‘know your client’ requirements of FOFA,” he said.
“In particular, Julie’s background in business development and transformation, and focus on client engagement, will be extremely valuable in helping EQT with its business growth plans. These include working more closely with financial planning groups to provide specialist support and assistance in the post-FOFA environment.”
Open letter to Scott Morrison
EXCLUSIVE Now that he’s secured his leadership, Prime Minister Scott Morrison ...
FASEA open to accepting foreign qualifications
The Financial Adviser Standards and Ethics Authority has released its online for...
More advisers embracing advicetech: Report
A new report reveals that around 85 per cent of advice firms plan to invest mor...