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."
Recommended for you
Compared to four years ago when the divide between boutique and large licensees were largely equal, adviser movements have seen this trend shift in light of new licensees commencing.
As ongoing market uncertainty sees advisers look beyond traditional equity exposure, Fidante has found adviser interest in small caps and emerging markets for portfolio returns has almost doubled since April.
CoreData has shared the top areas of demand for cryptocurrency advice but finds investors are seeking advisers who actively invest in the asset themselves.
With regulators ‘raising the bar’ on retirement planning, Lonsec Research and Ratings has urged advisers to place greater focus on sequencing and longevity risk as they navigate clients through the shifting landscape.

