Avenue Capital on the move
Privately owned Avenue Capital Management has opened a second North Sydney practice, continuing the organic growth strategy the group has employed since opening in 2001.
Planners David Hyde and Greg Moore, who previously operated out of Avenue’s sole North Sydney branch, are the owners of the new practice.
Avenue executive director Simon Clifford said the new branch was “another indication of the continuing organic growth” of Avenue, which has more than $1.3 billion in funds under administration and about 40 authorised representatives.
“It is part of our business approach to offer our advisers opportunities to develop their own businesses with access to the Avenue expertise, knowledge base and support services.
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