The firm, FPT Wealth, provides a service to accountants which essentially facilitates the outsourcing of “high-end financial advice”, removing the need for accountants to operate under an AFSL.
FPT wealth said it is pleased to welcome Mr Smith to its ranks.
"David has had a long and distinguished career working with the accounting industry, including a partner role at PKF, now BDO. He is also past president of The Institute of Chartered Accountants in Australia, now Chartered Accountants Australia and New Zealand," said Tony Bates, director, FPT Wealth.
“As our limited licensing solution for accountants, FPT WealthBox, gains further traction, we believe David's extensive experience and leadership will assist greatly with our growth and continuing market penetration,” he added.