Wilson departs Asgard
|
|
The head of Asgard, Wayne Wilson, left the company today.
Wilson’s departure was confirmed by a company spokesperson, just weeks after the departure of Geoff Lloyd from Westpac-owned BT Financial Group (BTFG) to take up a senior role at Perpetual Private Wealth.
Lloyd’s departure was described as having followed an internal restructure.
In confirming Wilson's departure, the spokesperson said the group would "advise of an acting head of Asgard within the next few days", saying the group remained "committed to growing and strengthening the Asgard platform".
The search for Wilson's replacement will involve both external and internal candidates, the spokesperson said.
"Wayne played a tremendous role in ensuring Asgard rose to the top of the market as a leading platform solution and played to its strength of 'built by advisers, for advisers'," the spokesperson said.
"He successfully led his team throughout the integration of the BTFG and St George wealth businesses, and leaves the Asgard team with a clear three-year strategic plan based on a 'one platform operating environment'.
"Wayne has served the business well and we wish him all the best."
AUTHOR
Mike Taylor
Recommended for you
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?
HUB24 has appointed Matt Willis from Vanguard as an executive general manager of platform growth to strengthen the platform’s relationships with industry stakeholders.
Investment manager Drummond Capital Partners has announced a raft of adviser-focused updates, including a practice growth division, relaunched manager research capabilities, and a passive model portfolio suite.
When it comes to M&A activity, the share of financial buyers such as private equity firms in Australia fell from 67 per cent to 12 per cent in the last financial year.
