Sequoia recruits Daryl Stout to advice role

Publicly-listed financial services group, Sequoia Financial Group, has appointed former AMP advice executive, Daryl Stout, as its Head of Licensee and Adviser Services.
Stout’s appointment was announced to the Australian Securities Exchange (ASX) with Sequoia chief executive, Garry Crole, saying he would be part of the leadership team and responsible for focusing on growth, operational excellence and adviser engagement.
Stout was most recently National Business Growth Manager at AMP Advice prior to which he held senior roles at MLC Advice/Insignia and MLC Advice Partnerships.
Not sure what they're seeking regulatory relief from. In my view is they get tickled with a warm lettuce leaf…
Will they ever be named & shamed, fined and banned for life ??? Unlikely hey ASIC & APRA, especially for…
“It was also worth noting that Chalmers last week was largely unmoved about the vociferous campaign about the taxation of…
I see your point but surely at a certain point if too much investor money is held in passive funds…
Without a diverse range of investments there is definitely herding. This has resulted in fund flows into index options and…