Netwealth adds new managers
Rapidly-growing platform, Netwealth has announced a further expansion of its retail managed account menu with the appointment of two new managers, Elston Asset Management and Quilla Consulting.
The addition of the managers was confirmed by Netwealth joint managing director, Matt Heine who said that while the firm’s recent focus had been geared towards the growth of its private label relationships, it was important it continued to add new professional managers and options to its menu to ensure the range of options remained relevant to both advisers and clients.
Elston head of Asset Management, Nick Revis said his company was pleased to be able to offer its range of models through the Netwealth platform.
Quilla director, Andrew Connors also said the firm was pleased to be working with Netwealth in offering public menu separately managed accounts.
Heine said Netwealth planned to add further managers to its managed account service during the second half of this year.
Recommended for you
Financial advice platform Otivo has made an experienced appointment from the US as its head of product strategy.
Apostle Funds Management has appointed the newly created position of director, head of wholesale as the firm expands its Australian footprint in the wholesale sector.
Recruitment manager Robert Half has shared the most in-demand roles in financial services that firms are finding difficult to fill, driven by ASIC’s growing focus on risk and compliance.
ASIC chief executive, Warren Day, is among senior executives to depart the corporate regulator amid changes to its leadership team.