The NSW Head of Advice at Westpac Financial Planning, Sean Allen has been appointed as chief executive of Magnitude Financial Planning.

BT Financial Group and Magnitude Financial Planning announced late on Tuesday at Allen’s appointment had followed the recent move of Mark Spiers to the position of general manager, Advice, for the broader Westpac/BT Financial Group of which Magnitude is a part.

Commenting on the move, Spiers said Magnitude remained a key part of BT’s advice business and an attractive opportunity for experienced advisers and established practices to join an innovative and leading financial advice network.

Allen has previously held senior roles at HSBC, Commonwealth Bank and Colonial.