Succession implemented at Hewison Private Wealth



Financial planning veteran John Hewison has activated a succession plan within his business, announcing that his son, Andrew Hewison, has been appointed Managing Director of Hewison Private Wealth while he becomes chairman.
An announcement detailing the changes this week said that Managing Director, Andrew Hewison would maintain the firm's philosophy on providing highly individualised, independent financial advice to high net worth (HNW) Australians.
It said John Hewison would oversee strategic matters for the business, drive business development
John Hewison's assumption of the chairmanship follows on from the retirement of Rob Roberts at the end of last year.
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”.