Aggregator hires head for planning expansion

by Adam Smith29 Sep 2014
A major aggregator has taken another step into financial planning, recruiting a new head of its wealth management arm.

Vow Financial has appointed Michael Clifford as head of wealth management. The company said Clifford would look to grow the aggregator's financial planning footprint across Vow's 700-strong broker network, and was already looking to recruit experienced financial planners.

“The opportunity within the Vow network for professional partnerships with financial planners is immense. All Vow brokers will be given the opportunity to work with Financial Planners if they choose, and not at the direction of Vow. Personally, working in a business with solid mortgage foundations, a great culture and a fantastic opportunity to integrate experienced, professional financial planners with the existing broker network was a key reason for my involvement. I look forward to working with the entire Vow Financial group over the coming years," Clifford said.

Clifford has 23 years' experience in financial planning, with another five years' experience in business coaching within the financial services industry.

"Michael is a welcome addition to the Vow Financial group and our continued plans for incorporating a fully diverse wealth business nationally. Financial Planning is an important component of the wealth journey for a client of a broker and Michael’s role will be facilitating this implementation for brokers who want to diversify and grow their business," Vow CEO Tim Brown said.