AMP’s Kirk moves to Genesys
By Darin Tyson-Chan
AMP Financial Planning has confirmed its current managing director Greg Kirk will end his five years in the job to fill the managing directorship at Genesys Wealth Advisers officially vacated by Ray Miles late last week.
Upon Kirk’s departure in June, AMP Financial Planning director of franchises Michael Guggenheimer will take on the role of acting managing director until AMP finds a permanent replacement for the position.
Meanwhile, Genesys’ parent company Challenger has expressed pleasure over the recruitment of such a high quality candidate to take Miles’ place.
“Greg Kirk is extremely well regarded within the financial services industry. We are delighted to have secured someone of such an appropriate calibre to oversee the operations of Genesys, which is increasingly being associated with the provision of high quality and reliable wealth advice,” Challenger chief executive Mike Tilley said.
“Under Greg’s guidance we will continue to review alternative structures that will create a stronger alignment between the dealer and its member firms, which will continue to build on the strength and high reputation of the Genesys business,” Tilley added.
Kirk is still on annual leave until May and was unavailable for comment about his new position.
Recommended for you
ASIC has permanently banned a former Perth adviser after he made “materially misleading” statements to induce investors.
The Financial Services and Credit Panel has made a written order to a relevant provider after it gave advice regarding non-concessional contributions.
With wealth management M&A appetite only growing stronger, Business Health has outlined the major considerations for buyers and sellers to prevent unintended misalignment between the parties.
Industry body SIAA has said the falling number of financial advisers in Australia is a key issue impacting the attractiveness and investor participation of both public and private markets.