Financial advisers were recognised at the Financial Advice New Zealand (FANZ) Conference held this week, where accolades were bestowed upon individuals for their contributions to the industry.
Among the award recipients were William Tieu, Tim Fairbrother, Stephen Redwood, and David Whyte.
Tieu received the Financial Literacy Award in acknowledgment of his efforts to address the growing need for tailored financial guidance, particularly evident during periods of economic uncertainty such as the recent lockdowns.
Tieu's utilisation of online media channels to disseminate information about financial options has significantly contributed to the enhancement of financial literacy in New Zealand. With a substantial following on platforms like TikTok and Instagram, he has successfully reached a diverse audience spanning various age groups.
Transitioning from a career in civil engineering, Tieu draws parallels between his previous profession and that of financial advisers, emphasising problem-solving and client assistance. His advocacy extends beyond mortgages to encompass broader financial challenges, emphasising foundational principles such as budgeting and property leveraging.
Fairbrother, representing RIVAL Wealth, was honoured with the Community Impact Award for his ongoing commitment to the Wairarapa community.
Fairbrother's support for local charities and community organisations, particularly during the challenges posed by the pandemic, exemplifies the positive change and inclusivity integral to this accolade.
Redwood, of Personal Investment Centre, was the recipient of the Tate Scholarship, an award reserved for individuals who have recently completed the Certified Financial Planner certification.
Redwood highlighted the rigorous process of obtaining accreditation and the significant impact it has had on his professional practice.
“It was a process that has added a huge amount to what we do. It is a lot of hard work (to obtain the accreditation) but well worth it,” he said.
A dedicated advocate for professional standards, Whyte was honoured with the Lifetime Achievement Award for his longstanding contributions to the financial advice profession.
The awards ceremony, attended by a diverse array of financial advisers and industry partners, underscored the commitment to excellence within the profession.
Newly appointed FANZ CEO Nick Hakes expressed optimism for the future, noting the resilience of advisers amidst recent challenges and reaffirming the organisation's commitment to supporting their endeavours.
“Financial advisers work hard for their clients and have seen the impact of the last few years. To come together as a profession to recognise some of the advisers who have gone the extra mile has been inspiring,” he said. “We are looking forward to what 2024-2025 brings as we continue to support financial advisers to thrive.”