AMP has internally promoted Tim Mitchell-Adams as managing director to two of its financial planning firms, Charter and ipac.
The appointment follows a decision to combine the leadership of ipac and Charter. After this decision former head of ipac, Tim Steele, and former head of Charter, Kevin Stone, decided it was the right time to look for new opportunities outside AMP, according to the firm.
Mitchell-Adams is now responsible for leading the Charter, ipac, Jigsaw, and self-managed super fund (SMSF) Advice business and is reporting to AMP’s group executive advice and banking, Rob Caprioli.
Most recently, Mitchell-Adams was AMP’s head of retail sales and national accounts responsible for servicing the group’s advice licensees across platforms, investments, insurance, SMSF, and AMP Bank.
Prior to this he was at AXA leading its national sales team.
“He has developed strong relationships with advisers across Charter and ipac over many years and his focus will be on ensuring high standards of adviser professionalism,” Caprioli said.
“Both Charter and ipac have a strong reputation for quality financial advice and under Tim’s leadership I look forward to this continuing.”
