Financial Planning Association of Australia board member and deputy chair, David Sharpe, will become chair of the board on 1 May 2022, taking over from Marisa Broome who has been chair since November 2018.
Sharpe joined the FPA in 2003 and became a board member in 2016. He was appointed deputy chair in February 2021.
Sharpe started his career in financial planning in 2003 and is based in Perth, having founded Globe Financial Planning in 2009. He became chair of the Western Australia FPA Chapter in 2014 after acting as treasurer for two years.
Broome said the transition to Sharpe’s tenure was the result of a long-term succession plan, and he was well-placed to build on the membership engagement and advocacy activity of the leadership team.
“I know that I am handing over to a safe and experienced yet innovative pair of hands with David, as our Association enters a new era with a new chief executive and new chair,” she said.
“I have often said that being the FPA chair has been the greatest privilege of my professional life, and I know David feels the same way. He will build on the strong groundwork that has been laid for real change in our profession, and he brings substantial experience as a practicing Certified Financial Planner professional to the role.”
Sharpe paid tribute to Broome’s achievements as chair of the FPA.
“Marisa has been an exceptionally passionate representative for our association and our profession, and I am very aware that I have big shoes to fill,” Sharpe said.
“As a practitioner, I am acutely aware of the frustration caused by over-regulation of financial planning and the detrimental impact this has on planners and their clients.
“I am also conscious of the growing demand for financial advice, particularly among older Australians who are approaching retirement, and it is imperative that the compliance burden driving cost and accessibility are properly addressed by regulators and government.”