New GM role for MLC Advice
National Australia Bank-owned wealth management provider, MLC, has created the new role of general manager, MLC Advice, promoting Jasia Fabig into the role.
The new role is part of the advice provider's strategy to integrate the MLC Advice network into Advice Partnerships, with its own general management structure.
Advice Partnerships general manager, Ross Barnwell, said the MLC Advice network would work best with one team under one general manager.
This would bring together the account management, adviser development management and franchise management functions.
"We're confident that Jasia's extensive career, depth of knowledge, and understanding of the wealth business at both strategic and practice levels will be valuable to the growth of MLC Advice," Barnwell said.
Fabig has held various roles at MLC over the last 14 years, starting out as a practice development manager in 2001. After nine years in that role she moved to St George Financial Planning as head of sales and strategy but returned to MLC Advice and Godfrey Pembroke as its head of practice management.
Recommended for you
With HNW investors representing the largest market for alternative assets, Praemium and CoreData research underscores why this presents a compelling opportunity for advisers.
Having completed the successful integration of Diverger, Count has upgraded its forecast for expected synergy benefits achieved by the acquisition by a third.
Australia’s largest licensee has seen the biggest number of adviser losses over the past week, while the expected wave of new entrants has boosted overall adviser numbers.
Iress has increased its forecast adjusted EBITDA by $5 million for the 2023/24 financial year in light of the sale of its platform business to Praemium and hinted at a return to dividend payments.