ASSIRT names new research boss
Assirt has a new chief executive officer for its research division, following changes from its sale last year to WealthPoint Data.
Krystyna Weston has taken on the new post which encompasses the role previously filled by current WealthPoint managing director Brett Sanders before the split of ASSIRT's research and software divisions. Mark Perica is chief executive of the software division.
Weston's 15 year career in the financial services industry is varied and includes three years working as a financial planner straight from university.
"I just fell into it really, started as the assistant and was then trained up," she says.
For the past year Weston has been occupied with consulting work in the health care industry and previously spent three years at health fund MBF as head of retail marketing.
Prior to this marketing experience, Weston worked at Rothschilds for two years where she spent a year in retail and a year in its institutional business. Weston joined Rothschilds from MLC where she worked for six years in a variety of areas including product management, two years in business development, and also heading up the superannuation technical services.
Weston also has online experience working for the Commonwealth Bank of Australia assisting with their online strategy for managed funds.
As chief executive officer of Assirt's research arm, Weston takes charge of all activities in the four different product lines; Assirt InfoBank, portfolio design, ratings and market research. She has about 40 staff in the teams working under her, and she reports to managing director Brett Sanders.
Weston says the research team is still in the business planning stage at the moment, but the focus is on Assirt customers.
"We have a fantastic product and have spent a lot of time, effort and money to build an industrial strength database. It is now time for the business to be focused on its key customers of institutional customers, fund managers, advisers and dealers," says Weston.
Recommended for you
With the final tally for FY25 now confirmed, how many advisers left during the financial year and how does it compare to the previous year?
HUB24 has appointed Matt Willis from Vanguard as an executive general manager of platform growth to strengthen the platform’s relationships with industry stakeholders.
Investment manager Drummond Capital Partners has announced a raft of adviser-focused updates, including a practice growth division, relaunched manager research capabilities, and a passive model portfolio suite.
When it comes to M&A activity, the share of financial buyers such as private equity firms in Australia fell from 67 per cent to 12 per cent in the last financial year.