Fortnum Financial Group has hired a former ANZ wealth managing director of advice and open market channels, Neil Younger, as its new managing director who will lead the group's significant expansion programme.
According to Fortnum, considerable growth opportunities lay ahead and the business had plans to "lead the evolution of the professional services advice firms".
In his new role Younger, who has deep expertise in the areas of licensee management and advice, would be working closely with Fortnum Financial Advisers managing director, Joel Taylor, Innova Managament managing director, Dan Miles and group chairman, Ray Miles.
Prior to joining Fortnum, Younger held senior wealth management roles at ANZ, BT Financial Group and Commonwealth Bank.
He also had extensive board and responsible management experience.
"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," Miles said.
"Neil is 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.
"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."