O'Riley takes on Winchcombe's top job
The man responsible for establishing AMP’s salaried financial planning arm Grant O’Riley has left AMP to take over as managing director of IOOF financial planning arm Winchcombe Carson.
The man responsible for establishing AMP’s salaried financial planning arm Grant O’Riley has left AMP to take over as managing director of IOOF financial planning arm Winchcombe Carson.
O’Riley, who built up AMP Adviser Solutions over a very short period of time before it was folded in to AMP Financial Planning last year, takes on management of the group’s 75 financial planners. Prior to joining AMP, he was State Manager with MLC.
O’Riley says the group has “strong potential”.
“The immediate focus is to gain a stronger understanding of the strengths of the or-ganisation, develop a vision for the future and implement the changes needed to con-solidate our position as a leading dealer group,” he says.
Recommended for you
Two law firms have highlighted licensees’ responsibility to ensure they have sufficient cyber security measures in light of the enforcement action against Fortnum Private Wealth.
A former director has pleaded guilty to providing financial product advice without holding an AFSL which saw almost $2 million transferred to him.
Commonwealth Private Limited, a subsidiary of Commonwealth Bank of Australia, has launched a wholesale offering with the help of JPMAM.
Shaw and Partners’ new national head of private wealth believes the biggest challenge for financial advisers right now is being able to deliver efficient advice delivery amid a complex regulatory environment and growing investment universe.