ANZ dealer group boss jumps ship to Aus Unity

Mr Brown was previously a senior executive within ANZ Wealth, serving as chief executive of the Millennium3 and Financial Services Partners subsidiaries.

Both licensees were among the businesses purchased by IOOF as part of its acquisition of ANZ's wealth division.

“Increasing our advice capability is clear and tangible evidence of how we invest our profits back into the business, and provide our members and customers with services that make a genuine difference to them and their quality of life,” said Australian Unity wealth chief David Bryant. 

“With the growing scrutiny around the financial services industry, it’s important that independent and trusted institutions like Australian Unity are leading the way in providing quality and transparent advice that is in the best interest of customers.”

The operations of ANZ-aligned licensees came under considerable scrutiny during the second round of hearings of the royal commission.