Avanteos platform founder Jason Entwistle has joined former colleagues on the board of portfolio technology provider Financial Simplicity.
Entwistle will become a non-executive director of the group and joins former Avanteos staffers Mark Papendieck and Stuart Holdsworth, also Financial Simplicity's founder.
Both were executives at the platform prior to its 2003 sale to Commonwealth Bank.
"Having advised many platforms and then founded and been instrumental to the growth of Avanteos over the past decade, Jason brings a wealth of practical experience, industry and commercial knowledge to Financial Simplicity," Holdsworth said
Papendieck is set to join Financial Simplicity as the group's chief executive early next year following his resignation as Skandia's platform head last week.
Entwistle joins Papendieck, Holdsworth and Steve Jones, on the board.
Financial Simplicity provide model portfolio and managed account based solutions to industry platforms and brokers, currently servicing almost $1 billion of managed accounts.
