Rick Di Cristoforo's exit sparks Matrix speculation
Speculation about the future of dealer group Matrix Financial Solutions increased this week following the exit of its chief executive Rick Di Cristoforo.
Di Cristoforo's departure became public on Tuesday shortly after he had signaled to the Matrix board his intention to resign.
Di Cristoforo is expected to take a break from the industry, with Matrix believed to have already initiated the process to find and appoint his replacement.
The dealer group was regarded as being "on the block" for around 18 months, but announced late last year that it was no longer on the market.
Recommended for you
Two commentators have shared why cultural alignment can be the biggest deal breaker when it comes to advice M&A and how to ensure a successful fit.
With an abundance of private market options coming to market, due diligence becomes increasingly important as advisers separate the wheat from the chaff, adviser Charlie Viola has said.
The Treasury has launched a consultation into how the $47 million special levy for the Compensation Scheme of Last Resort will be funded.
With the final tally for FY25 now confirmed, how many advisers left during the financial year and how does it compare to the previous year?
