Financial planning dealer group Fortnum Financial Group has appointed former ANZ executive Neil Younger as its new managing director.
In a statement, Fortnum said it had appointed former ANZ wealth managing director of advice and open market channels Neil Younger to the role of managing director of Fortnum Financial Group.
Mr Younger will work closely with Fortnum Financial Advisers managing director Joel Taylor, Innova Asset Management managing director Dan Miles and group chairman Ray Miles, the statement said.
Mr Miles said, “Neil’s appointment enables me to step back from the day-to-day operation of the Fortnum group to focus on my core skill set of recruiting advisers and working with our practices.”
He added that while Fortnum had established a comprehensive, award-winning licensing and dealer services’ solution, considerable growth opportunities lay ahead and the business had plans to lead the evolution of the professional services advice firms.
“We believe in a complete end-to-end solution for clients and business life stage solutions for our advisers. Neil’s brief is to lead the ongoing development and implementation of those solutions,” Mr Miles said.
“Neil is a well-regarded, experienced wealth management executive with proven skills across a range of areas and we’re fortunate to be able to attract someone of his calibre to take Fortnum to the next stage."
Mr Younger, who has held senior wealth management roles at ANZ, BT Financial Group and Commonwealth Bank, comes to Fortnum with deep expertise in the areas of licensee management and advice, Fortnum said.
“As the industry continues to respond to evolving client expectations and businesses to a very different operating environment, advice specialist businesses such as Fortnum are well placed to evolve solutions and to lead,” Mr Younger said.
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