Perennial Investment Partners has moved to extend its reach into the financial planning community and has appointed the former head of distribution at Credit Suisse Asset Management, Brian Thomas to lead the push.
The move was announced today by Perennial Investment Partners managing director, Anthony Patterson who said the push into the financial planning arena followed on from IOOF’s announcement that it would be transitioning responsibility for sales, marketing and product development of all Perennial investment capabilities to Perennial.
He said Perennial intended to build on its institutional base and offer advisers improved access to its existing wholesale product range.
“Given the structural shifts in the industry, it is imperative for Perennial to service not only the wholesale market but the underlying investors and their advisers,” Patterson said.
