Karl Stefanovic meets with top wealth manager in Sydney

His position on the Today show is currently hanging in the balance, following a series of shocking claims he is facing the chop amid poor ratings.

And despite Nine CEO Hugh Marks insisting his job is safe for now, Karl Stefanovic appears to be taking steps to protect his finances.

The 44-year-old was spotted meeting up with finance expert Simon O’Brien, who is an an Adviser at Crestone Wealth Management, ‘where he works creating a bespoke offering for a small number of wealthy clients,’ according to his Linkedin page. 

Power lunch? Karl Stefanovic (right) meets with top wealth manager Simon O’Brien (left) in Sydney… as his future on the Today show hangs in the balance 

Karl and Simon were pictured strolling through Sydney on September 07.

Simon is a senior partner at Crestone Wealth Management and manages the TV star’s finances. 

Although Simon helps manage Karl’s finances, his wife Caroline is also a close friend of the presenter’s girlfriend Jasmine Yarbrough. 

Jasmine shared a photo of both couples enjoying a day out together, along with several other friends, to her Instagram in December 2017.  

Sharply dressed: Karl and Simon were pictured strolling through Sydney on September 07

Sharply dressed: Karl and Simon were pictured strolling through Sydney on September 07

Looking serious: Although Simon helps manage Karl's finances, his wife Caroline is also a close friend of the presenter's girlfriend Jasmine Yarbrough

Looking serious: Although Simon helps manage Karl’s finances, his wife Caroline is also a close friend of the presenter’s girlfriend Jasmine Yarbrough

Big smiles: Jasmine (bottom left with Karle) shared a photo of both couples (Simon and Caroline bottom right) enjoying a day out together, along with several other friends, to her Instagram in December 2017

Big smiles: Jasmine (bottom left with Karle) shared a photo of both couples (Simon and Caroline bottom right) enjoying a day out together, along with several other friends, to her Instagram in December 2017

Their meeting comes as Karl’s boss Hugh Marks fired a warning shot at the embattled Today host in the wake of rumours he could face the sack.

Channel Nine’s chief executive revealed that while Karl’s job is safe for now, everyone on the show – ‘especially Karl’ – needed to lift their game.

‘Clearly, it’s been a tough and challenging year for Karl and Today,’ Hugh said.

‘No doubt the constant publicity surrounding issues with his personal life have had an impact on Karl, his colleagues and on the show. We can’t hide from that.

‘And as a result we know there’s a lot of hard work to be done to win back the audience.’

'Clearly, it's been a tough and challenging year for Karl and Today': Their meeting comes as Karl's boss Hugh Marks fired a warning shot at the embattled Today host in the wake of rumours he could face the sack

‘Clearly, it’s been a tough and challenging year for Karl and Today’: Their meeting comes as Karl’s boss Hugh Marks fired a warning shot at the embattled Today host in the wake of rumours he could face the sack

A working lunch? Karl and Simon followed their meeting up with a spot of food 

A working lunch? Karl and Simon followed their meeting up with a spot of food 

The controversy surrounding Karl comes after the Today show suffered some of its worst ratings ever in recent weeks.

And as viewers continue to tune out, News Corp made the shocking claim on Sunday that Karl could soon be losing his job.

It was reported that, despite Karl having a contract at the network believed to be worth almost $3million and not set to expire until the end of 2020, he is ‘likely to be replaced in the New Year’.

‘Top-level sources at Channel Nine’s Willoughby studios say the embattled Today host is officially ‘gone’,’ it was claimed.

Tuning out: The controversy surrounding Karl comes after the Today show suffered some of its worst ratings ever in recent weeks

Tuning out: The controversy surrounding Karl comes after the Today show suffered some of its worst ratings ever in recent weeks

'We know there's a lot of hard work to be done to win back the audience,' Karl's boss said, while discussing the shot he co-hosts with Georgie Gardner (pictured)

‘We know there’s a lot of hard work to be done to win back the audience,’ Karl’s boss said, while discussing the shot he co-hosts with Georgie Gardner (pictured)

Karl’s popularity first began to suffer following the breakdown of his 21-year marriage to former journalist Cassandra Thorburn in 2016.

It wasn’t helped when he quickly moved on and became engaged to 34-year-old former model and shoe designer Jasmine Yarbrough.

The couple are set to marry in San Jòse del Cabo, Mexico in December this year.  

Daily Mail Australia has contacted Karl’s rep for comment. 

Karl's popularity first began to suffer following the breakdown of his 21-year marriage to Cassandra Thorburn in 2016 and then moved on with Jasmine Yarbrough (pictured)

Karl’s popularity first began to suffer following the breakdown of his 21-year marriage to Cassandra Thorburn in 2016 and then moved on with Jasmine Yarbrough (pictured)

Read more at DailyMail.co.uk