Futuro, Decimal unveil new hires


By Sarah Kendell

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Non-aligned dealer group Futuro Financial Services has appointed a former financial planner as its new national manager of advice.

Michael Frawley, who was most recently practice development manager for Suncorp Financial Planning prior to its winding up by parent company Suncorp, was appointed to the role at Futuro late last year.

Frawley had previously been a self-employed adviser for several years, running his own practice in Sydney, before taking on the role of senior financial planner at accounting group Cawardines Chartered Accountants from 2010 to 2013.

Commenting on his appointment, Futuro managing director Paul Kelly said the group had been lucky to find someone with Frawley’s skills and practical experience level for the position.

“Not many have the experience or qualifications to take on this job, so we see ourselves as being particularly fortunate to have found someone who can do the job, is a cultural fit and has such a great track record over his 23 years in our industry,” Kelly said.

He added that Frawley had a wide range of experience across virtually all aspects of the industry, from the management of a financial services licence to an in-depth understanding of compliance requirements and practice management.

Elsewhere, digital advice provider Decimal announced it had recruited Sue Landers to the newly created role of key accounts director.

A former long-time employee of software group Oracle, Landers had managed major technology partnerships on behalf of the company with financial institutions including National Australia Bank and Westpac.

In her new role, Landers would report directly to Decimal chief executive Nic Pollock and be responsible for strengthening the company’s existing relationships in the financial services space.

Her appointment followed news last month that global asset manager IFM Investors had taken a 6.5 per cent stake in Decimal.

Pollock said Landers’ appointment would strengthen Decimal’s sales capabilities in the enterprise digital advice space.

“Sue’s appointment, together with IFM Investors’ backing, will accelerate our market penetration as the benchmark in enterprise-grade digital advice to Australia’s superannuation industry,” he said in a statement.

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