MLC adds licensee relationship manager role



MLC has created a licensee relationship manager role aimed at improving the licensee experience throughout its aligned adviser network, which includes MLC Financial Planning, Garvan Financial Planning and Apogee Financial Planning.
MLC will appoint nine licensee relationship managers across Australia who will be responsible for supporting financial advisers with all actions relating to core licensee services, and will work alongside practice development managers and practice management coordinators, MLC stated.
The role will involve improving advisers' knowledge of and access to licensee and MLC services available, and providing information and responses to practices within the network.
Greg Miller, general manager advice solutions at MLC & NAB Wealth, said that with licensee requirements now being managed by a specialist, practice development managers and practice management coordinators will be able to focus on helping advisers to grow their business, and preparing them to respond to new customer opportunities and regulatory change.
Money Management Top stories
Recommended for you
Retail investment into private credit funds could surpass that of sophisticated investors, according to ASIC, but the regulator admits it is unsure how and where these individuals are first being introduced to the vehicles.
With the high cost of advice keeping young Australians locked out of advice, a fintech provider has said digital advice is key for licensees to capture this unadvised demographic.
ASIC chair Joe Longo has announced he will step down at the end of his term, departing the corporate regulator in May 2026.
When it comes to the phase-out of AT1 bonds, Schroders fixed income manager Helen Mason has urged financial advisers to sell up sooner rather than later or risk capital losses.