Klipin departs Millenium3
Millenium3 chief executive, Richard Klipin is departing the ANZ-owned business.
Money Management has confirmed that Klipin, a former chief executive of the Association of Financial Advisers, will be finishing with Millenum3 today.
It is understood that Klipin's departure has been prompted by a restructuring within ANZ aimed at generating cost savings across its wealth businesses.
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.
