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Wilson looking to stay in financial services

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By Reporter
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2 minute read

Former Asgard head Wayne Wilson has signalled his intention to continue to be involved in financial services.

A few days after the announcement of his departure as head of Asgard, Wayne Wilson has confirmed his commitment to remain in the industry and explore other opportunities within the financial services sector.

"I've been in financial services for 20 years now and I've got a pretty broad background, so it's the logical place and I enjoy working in that area. I've got a really strong relationship with advisers around Australia and I think they would expect to see me pop up somewhere too in that space," Wilson told InvestorDaily.

In regard to new opportunities, he was optimistic there would be a few to explore in the immediate future.

"A number of the larger players have been trying to set their wealth strategies in place. Groups like AMP, ANZ, and the Commonwealth Bank are all thinking through what the market's going to look like for the next 10 years and how to best present themselves for that," Wilson said.

"So, certainly the big players are all positioning for growth and I expect strong growth to come back into the marketplace towards the end of this year," he said.

Due to the agreement he reached with Westpac, Wilson could not reveal when he was actually leaving the organisation or whether he had already departed. However, he regarded his exit as a normal part of business when two organisations merge their operations.

As far as his involvement with Asgard goes, Wilson reflected on it positively.

"I've loved it. I've been really pleased to be an advocate of Asgard. My first association with Asgard was as a superannuation investor over 20 years ago," he said.

"So I've been working for, providing services to, or being an investor in Asgard for two decades and it's a great team of people. It's a really strong value proposition and still quite a unique value proposition in the marketplace, so it's been a pleasure to work there."