Former FSP chief to head EQT's new advice division


Equity Trustees (EQT) has recruited former Financial Services Partners chief executive Geoff Rimmer to head up its newly-created Private Wealth Services division, effective from 1 July 2012.
Rimmer will be responsible for the strategy and business development of EQT's superannuation, trustee, wealth management and aged care units, EQT stated.
The move follows a restructure of the EQT business superannuation, personal estates and trusts, wealth management and philanthropy areas into a single business unit, Private Wealth Services, EQT stated.
Note: Due to a technical issue a breaking news email in relation to this story incorrectly referred to an earlier news story. Money Management apologises for any confusion.
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.
Count Gold Coast, an equity partner of Count, has entered into binding agreements to acquire clients of two accounting businesses, providing new opportunities for its financial advisers.
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.