Bob Neill will manage the Succession and Acquisition Services (SAS) team.
"With at least one third of the principals of MLC's aligned financial planning practices likely to retire over the next five years, succession is a key concern for our financial planners," Neill said.
"Furthermore, with the extensive range of options available to advisers in this situation, it is critical that they choose the right strategy for their business."
MLC has two service packages. One offers an initial in-depth analysis of the business, outline of retirement and succession options and a detailed roadmap towards succession.
The second offers project management of the roadmap, help in finding the right successor and coordination of the transaction, including managing tax, legal and finance resources through to settlement and completion.
"MLC recognises that financial planners may not have the expertise in managing their succession journey. By working closely with them, we can help achieve not only good financial results but broader objectives as well, such as their desired client, staff and legacy outcomes," Neill said.
Neill, who has more than 20 years' experience, is a chartered accountant and former HLB Mann Judd partner and former managing director of its financial planning arm.
MLC, a National Australia Bank company, has 821 advisers across its aligned financial planning practices and $9.1 billion in funds under management.
