Mortgage Choice gets new CEO
Mortgage Choice in late December announced it had recruited former National Australia Bank senior executive, John Flavell, as its new chief executive officer.
Flavell, who will take up his new role in early April, was previously executive general manager, wealth advice at MLC.
Confirming Flavell's appointment, Mortgage Choice chairman, Peter Ritchie pointed to Flavell's previous experience within NAB as general manager, third party distribution.
"In addition, John held senior roles at Aussie Home Loans where he was part of the executive team responsible for the successful transition of the business into mortgage broking," he said.
Recommended for you
Digital advice tools are on the rise, but licensees will need to ensure they still meet adviser obligations or potentially risk a class action if clients lose money from a rogue algorithm.
Shaw and Partners has merged with Sydney wealth manager Kennedy Partners Wealth, while Ord Minnett has hired a private wealth adviser from Morgan Stanley.
Australian investors are more confident than their APAC peers in reaching their financial goals and are targeting annual gains of more than 10 per cent, according to Fidelity International.
Zenith Investment Partners has lost its head of portfolio solutions Steven Tang after 17 years with the firm, the latest in a series of senior exits from the research house.
