Showman jumps ship
Ian Showman has vacated his post as managing director of Godfrey Pembroke to take up a new post within the Lend Lease group as chief executive of its new outsourcing service ThreeSixty.
Ian Showman has vacated his post as managing director of Godfrey Pembroke to take up a new post within the Lend Lease group as chief executive of its new outsourcing service ThreeSixty.
Showman will be replaced by Adrian Hondros who was most recently with Winchcombe Carson Financial Planning as director and general manager and previously with Bendigo Investment Services and Sealcorp.
Among those to follow Showman across to ThreeSixty is Janice Sengupta, Godfrey Pembroke's former head of research. She assumes a similar role at ThreeSixty, taking over from Rob McGregor, who is now working on various key strategic opportunities for Showman.
Launched in October last year, ThreeSixty provides advisers with a total back office service, including paraplanning, research, compliance, and technology support.
Its services are offered to all MLC’s distribution channels and will be extended to other dealer groups and independent advisers.
Showman says Godfrey Pembroke will rely on its support, but because it is positioned differently, the dealer group will also retain some in-house capacity that is “specific and peculiar” to its own needs.
Showman views his new post as a natural extension of what he was doing at Godfrey Pembroke. An announcement on his replacement at the dealer group was imminent at the time of going to press.
Recommended for you
BT is to launch a new low-cost “Focus” investment menu for its Panorama platform this October, in partnership with Vanguard, seeking to compete with industry superannuation funds.
Net gains of financial advisers have already doubled since the start of FY25, according to this week’s Padua Wealth Data, with momentum gathering pace far faster than the previous financial year.
National advice firm MiQ Private Wealth has appointed a new chief executive to lead the business through a “transformative era” after penning a partnership deal with AZ NGA earlier this month.
WT Financial’s managing director, Keith Cullen, believes the firm’s Hubco model with Merchant Wealth Partners will be a “repeatable growth model” for the business as it scales its adviser numbers.