Former Financial Wealth chief executive Mark Schroeder has left the dealer group.
After two years with the company, and signing between 40-50 advisers with more than $1.2 billion under advice to the financial services licensee, Schroeder said he felt he had achieved his business goals two years ahead of his original forecast.
The dealership was founded in 2005 on the Keys software model, developed by Schroeder and Financial Wealth senior project manager Maurice Terreiro more than five years ago.
Prior to Financial Wealth, Schroeder was Fiducian head of wealth management, St George head of wealth management, Tynan McKenzie chief operating officer, and Computershare head of strategy and before that was in the military.
“What the military taught me was the best ways and the worst ways to manage and grow things, especially in difficult circumstances when the pressure is on,” Schroeder said.
Schroeder said he had many approaches from other dealerships while he was running Financial Wealth. He is currently working on bringing different advice distribution models to the industry.
