Ord Minnett bolsters IFA distribution ranks
IOOF-aligned licensee Ord Minnett has recruited two former Lonsec execs to head up its wholesale stockbroking offering to the IFA and advice markets.
An IOOF spokesperson has confirmed to ifa that former Lonsec Stockbroking chief executive David Wylie has joined Ord Minnett in a full-time capacity.
Former Lonsec Limited general manager, sales and marketing, Jeremy Pree has also joined the Ord Minnett group in recent weeks.
“David and Jeremy have joined [Ord Minnett] in an effort to grow the intermediary side of the business,” the spokesperson said.
“They will be engaged in providing wholesale broking services to IFAs and financial planning groups."
ASIC to review transition to grandfathering ban
The corporate regulator has announced it will review the progress of industry pa...
Perpetual profit down 17%
Perpetual saw its full-year net profit after tax (NPAT) drop by 17 per cent year...
Disclosing product conflicts ‘not enough’: Consultant
Advisers need to take appropriate steps to prioritise their clients’ interests...