New CEO for Infocus as Darren Steinhardt steps down



Darren Steinhardt has stepped down from the role of Infocus managing director, with current chief operating officer (COO) Rod Bristow to take over as chief executive.
Steinhardt will remain in the business to "direct his energies into mentoring and coaching other business owners and entrepreneurs," according to a statement from Infocus.
Bristow has previously worked as COO of CommSec and joined Infocus two years ago, according to the statement.
Recommended for you
A quarter of advisers who commenced on the FAR within the last two years have already switched licensees or practices, adding validity to practice owners’ professional year (PY) concerns.
Integrated wealth and financial services group Rethink has launched a financial planning arm called Rethink Wealth to expand beyond property investing and into holistic wealth management.
While adviser numbers continue to slowly creep back up, the latest Wealth Data analysis reveals they would actually be in the green for the calendar year if it weren’t for so many losses in the limited advice space.
Iress has appointed a chief AI officer to spearhead the fintech’s strategic focus on AI, with chief executive Marcus Price describing how the technology opens the doors to a “new frontier for wealth advice”.