Otivo appoints new chairman

otivo/appointment/chairman/

6 March 2023
| By Jasmine Siljic |
image
image image
expand image

The digital financial advice service has appointed Ian Knox as chairperson, replacing former MP and chair of the Future of Financial Advice Enquire (FOFA), Bernie Ripoll.

The appointment followed Otivo’s growth into financial service firms, corporate employee wellbeing programs and individual consumers. 

Ripoll would remain as non-executive director. 

A selective private investor in small and medium-sized enterprises (SMEs), Knox had previously been chief executive of Lendlease investment services and also held the position of chief executive at Sealcorp, which housed Asgard Capital Management. 

He was a former deputy managing director at Westpac Investment Management and founded financial advice network Paragem in 2004, which was bought by HUB24 in 2014.  

Additionally, he was a regular spokesperson over the last two decades supporting the professionalisation of financial advice.

Noting rising interest rates and ballooning debt, Knox believed personal guidance would “assist millions of Australians in need of everyday help”. 

“I’ve been following the Otivo journey since launch and I believe the company has social, ethical and consumer driven objectives,” he said.

Otivo was founded in 2014 by Paul Feeney, a former private banker and financial planner. The online service aimed to make financial advice more accessible by closing the unaffordability gap that grew post-Royal Commission. 

Clients using the platform to offer financial wellbeing services to their workforce included Latitude Financial Services, Pacific Blue, Rio Tinto, Assure Programs, and Ernst & Young.

Read more about:

AUTHOR

Recommended for you

sub-bgsidebar subscription

Never miss the latest news and developments in wealth management industry

MARKET INSIGHTS

The succession dilemma is more than just a matter of commitments.This isn’t simply about younger vs. older advisers. It’...

1 week 3 days ago

Significant ethical issues there. If a relationship is in the process of breaking down then both parties are likely to b...

1 month ago

It's not licensees not putting them on, it's small businesses (that are licensed) that cannot afford to put them on. The...

1 month 1 week ago

AMP has settled on two court proceedings: one class action which affected superannuation members and a second regarding insurer policies. ...

3 days 8 hours ago

ASIC has released the results of the latest adviser exam, with August’s pass mark improving on the sitting from a year ago. ...

1 week 6 days ago

The inquiry into the collapse of Dixon Advisory and broader wealth management companies by the Senate economics references committee will not be re-adopted. ...

2 weeks 6 days ago

TOP PERFORMING FUNDS

ACS FIXED INT - AUSTRALIA/GLOBAL BOND
Powered by MOMENTUM MEDIA
moneymanagement logo