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Mark Stephen

Connexus Solutions appoints new managing director

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3 minute read

The provider of licensee solutions to boutique AFSL owners has hired the former CEO of Lonsdale Financial Group.

Connexus Solutions has announced the appointment of Mark Stephen as its new managing director.

Mr Stephen joins the licensee service provider from Lonsdale Financial Group, owned by the IOOF Group, where he remained as CEO for more than 10 years.

Fellow director Murray Swilks said that Connexus Solutions was fortunate to have Mr Stephen join the business.

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“He has been a passionate advocate for supporting boutique financial planning practices and AFSLs to better their businesses and their leaders, helping them improve their business models while retaining ultimate control of their future state,” Mr Swilks said.

The company now boasts nearly 35 self-licensed financial planning groups that are committed and members of Connexus Solutions as well as the Connexus Club.

“Connexus Solutions differs from other licensee services providers in that we are not corporately owned or driven by platform or product providers,” Mr Stephen said following his appointment.

“We’re here to help Financial Planning businesses explore their licensing options. Our aim is to assist them in providing better advice and service to clients, to become more profitable, sustainable, and actively exhibit the values and standards set by FASEA, which has become a benchmark for all advice businesses,” he said.

Jon Bragg

Jon Bragg

Jon Bragg is a journalist for Momentum Media's Investor Daily, nestegg and ifa. He enjoys writing about a wide variety of financial topics and issues and exploring the many implications they have on all aspects of life.