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IOOF-owned dealer group names new CEO

IOOF has announced a permanent chief executive for its Bridges Financial Services licensee, who will lead more than 200 financial advisers.

In a statement this morning, IOOF has named Nathan Stanton as the new CEO for Bridges Financial Services. Mr Stanton replaces Nick Langton, who was appointed CEO of Bridges in August 2014. 

For the last three years, Mr Stanton was head of the Western Pacific Financial Advisors dealer group, which was part of the IOOF-SFG Australia acquisition.

He was also previously executive manager of Colonial First State’s Commonwealth Financial Planning, according to his LinkedIn profile.

In his new role, Mr Stanton will work closely with both planner practices and alliance partners to further drive the growth of the business, the statement said.

IOOF general manager of wealth management Renato Mota said, "‘We are delighted to have Nathan in the role. His financial planning background coupled with his strong values and beliefs align well with the future of Bridges."

Mr Stanton said, “Bridges Financial Services is one of Australia’s leading financial planning businesses with a strong reputation of providing clients with quality financial advice.

“I am looking forward to working with the practices in building on this reputation and further developing our unique referral partner relationships. It’s a fantastic opportunity and one I’m very excited about.”