Dealer group lead to depart

The head of an IOOF-aligned dealer group will depart the business next week.

Elders Financial Planning (EFP) has confirmed the resignation of Tony Beaven who has opted to return home to the United Kingdom.

His departure, effective November 28, will see Millennium3 state development manager Phil Broadbent step into the role of acting head of EFP.

In a statement to Financial Standard, an Elders spokesperson said: "The EFP board of directors has expressed their gratitude to Tony for his contribution and leadership of EFP over the last three and a half years."

"Tony has shown immense commitment to improving the sustainability of EFP, and has led a number of key positive changes in the business."

Beaven has led EFP since January 2016, having joined from ANZ Private Bank where he was manager of advice solutions.

Over the almost 13 years he has been in Australia, Beaven has also held roles with AMP and Suncorp.

In a LinkedIn post, Beaven said: "Leadership is about giving back without reward, caring for people, treating them with respect, as equals and like family by motivating them to greater things, without personal reward and sacrificing your own personal time in order to gain the rich reward of watching them succeed."

"Yes, after 13 years we have decided to move back to the UK however wanted to thank you all for your friendship, you have been an inspiration to me personally."

Read more: EFPANZ Private BankElders Financial PlanningFinancial StandardPhil BroadbentSuncorpTony Beaven
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