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
As advisers risk losing two-thirds of FUA during the $3.5 trillion wealth transfer, two co-founders underscore why fostering trust with the next generation is vital to retaining intergenerational wealth.
As advisers seek greater insights into FSCP determinations, what are the various options considered by the panel and can a decision be appealed?
Amid the current financial adviser shortage, advice firm Link Wealth is looking to expand its financial literacy program for high school students across the country.
TAL Risk Academy has updated its range of ethics courses to help financial advisers meet their CPD requirements following adviser feedback, including interpreting FSCP determinations.