New Leaf Distribution names new CEO

He is set to become the youngest network leader in financial services

New Leaf Distribution names new CEO

New Leaf Distribution has announced the appointment of Daniel Hobbs (pictured) as its new chief executive, potentially making him the youngest network leader in financial services history at 35.

Currently the managing director at New Leaf, Hobbs is awaiting approval from the Financial Conduct Authority (FCA) to assume his new position, with Sam Wallis, the current investment director, stepping into the role of managing director.

The leadership change follows the tenure of Mark Hobbs, who will transition to chairman once FCA approval is granted. Mark Hobbs will continue to provide strategic direction and support to the new leadership team.

New Leaf, which distinguishes itself by limiting its appointed representative (AR) numbers to 175 to focus on quality rather than quantity, believes the new CEO will utilise his extensive experience and motivation to guide the network through the next decade.

The company said it plans to further enhance development opportunities for mortgage brokers, allowing them to specialise in and potentially transition to financial adviser roles.

See LinkedIn post here.

“We’re excited to launch some incredible initiatives in the coming months, all focused on the future and addressing the advice gap,” Mark Hobbs said. “We’ll continue to build the best offering for IFAs and brokers in the UK, with a focus on quality over quantity. This is a new chapter for New Leaf Distribution, and we are confident that Daniel and Sam will lead us to even greater success.”

Commenting on his appointment, Daniel Hobbs said he was honoured to be taking on the role of CEO at New Leaf Distribution.

“I’ve been fortunate to learn from Mark’s guidance over the years, and I’m excited to leverage that experience to build upon our success and explore new opportunities, particularly in the advice gap space,” he said.

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