Arnie Selvarajah and Dean Davenport will become the new co-chief executives of Bell Financial Group (BFG), while executive chair Alastair Provan retires.
The broker’s high-profile adviser, Charlie Aitken, is also exiting the business after just 12 months, and is expected to move to Phil King’s Regal Partners.
Bell Potter warns retail investors will pay the price for âheavy-handedâ stockbroking test
Weâre sorry, this service is currently unavailable. Please try again later.
Dismiss
Save
Normal text size
Advertisement
Prominent investment house Bell Potter has publicly attacked a new compliance test for financial advisers, claiming it is biased against stockbrokers, will lead to job losses and push up costs for retail investors.
The mandatory compliance exam written by the soon-to-be-defunct Financial Adviser Standards and Ethics Authority has sparked outrage within the broking community, with experienced professionals struggling to pass it. Three sources told
The Sydney Morning Herald and
Bell Potter warns retail investors will pay the price for heavy-handed stockbroking test watoday.com.au - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from watoday.com.au Daily Mail and Mail on Sunday newspapers.