Mortgage Choice hires AMP licensee head to lead advice arm

Dean Thomas has been the chief advice officer of Mortgage Choice since 7 November, according to a statement.

His appointment follows the departure of Tania Milnes, who has been the general manager of the Mortgage Choice financial planning business since its formation in 2012.

Mr Thomas was the managing director at dealer group Hillross Financial Services. Before that, he was director of product strategy and services at AMP and was responsible for the strategy and investment governance for the insurance and platforms business.

He has over 30 years’ experience working in financial services to the company’s financial advice division, having held senior management roles in banking, superannuation, investment and wealth management.

Mortgage Choice chief executive Susan Mitchell welcomed Mr Thomas, saying he would be a valuable addition to the company’s executive leadership team.

“Financial planning is a vital part of Mortgage Choice’s future and I look forward to seeing Dean take the business into its next chapter of growth,” Ms Mitchell said.

“Dean’s experience in strategic direction and business transformation will play a vital role in leading our financial planning division. His wealth of experience will strengthen our ability to navigate the current industry challenges and position Mortgage Choice financial planning for long-term growth.”

Ms Mitchell also said Ms Milnes was instrumental in leading Mortgage Choice Financial Planning since its foundation in 2012 and has led the business to reach a significant milestone of $1 billion in funds under advice.

“On behalf of everyone at Mortgage Choice, I would like to thank her for her significant contribution to the company,” Ms Mitchell said.

Adrian Flores

Adrian Flores is a deputy editor at Momentum Media, focusing mainly on banking, wealth management and financial services. He has also written for Public Accountant, Accountants Daily and The CEO Magazine.

You can contact him on [email protected].