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AFA loses COO to Netwealth

Association of Financial Advisers (AFA) COO Phil Anderson is leaving to join Netwealth as GM of its adviser licensing business.

Mr Anderson told insuranceNEWS.com.au the role at Pathway Licensee Services will involve compliance, research and education services.

“I will be focusing on scale for advisers and giving them the ability to build their businesses,” he said.

“This will also include providing compliance and research for the salaried advisers at Netwealth-owned Bridgeport Financial Services.”

Mr Anderson says he has been at the AFA four years.

“I haven’t been actively looking for a [new] job, but after four years there was an opportunity with this role,” he said. “I was happy to discuss it when the opportunity was offered to me.”

Mr Anderson will stay with the AFA until after its annual conference in Cairns in October.