Stanford Brown hires BDM to meet managed accounts demand
Stanford Brown has appointed former Challenger head of distribution, annuities, Phil Anderson, as its business development manager for its Lunar Managed Accounts to meet growing demand for the product.
Anderson, who also spent 15 years in various business development roles at Macquarie, would now be responsible for marketing the firm’s Lunar Managed Accounts to financial planning firms that want a managed portfolio service.
Stanford Brown chief executive, Jonathan Hoyle, said the appointment aligned with the firm’s belief that managed accounts are a superior way to manage client money and would become the model for the advice industry.
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