Fitzpatricks chief steps down

Fitzpatricks Private Wealth chief executive Matt Fogarty has left the company and will be replaced in the interim by Jasia Fabig.

Fogarty joined the wealth group more than four years ago from MLC where he was a general manager for financial planning.

Over the years, he has worked at ipac, Encore Group Pty Ltd (now part of the van Eyk Group of Companies) Onepath, Amp and ING Australia usually as national practice manager.

"Matt has devoted almost five years to FPW and has steered the firm through significant regulatory change, a global pandemic, and the renewed focus on consumer-centric advice. The FPW platform is ready for its next growth phase and a new leadership focus," the firm said.

"Matt will depart Fitzpatricks in late November with our best wishes to pursue another opportunity."

Commenting on the acting chief executive, the firm explained that Fabig has been working in Fitzpatrick's advice business as a consultant.

Previously she held the position of general manager, MLC Advice, working with more than 150 advice practices.