Credit Suisse shifts sales team up a gear
Credit Suisse has almost doubled its sales team with the appointment of three business development executives.
The three recruits started with Credit Suisse last week and have a strong international flavour. Scott Wilkie will set up the group's Brisbane office after an extended stint in San Francisco with the likes of Morgan Stanley and UBS. Roslyn Mason joins the group's Melbourne office as a business development officer fresh from working in London with Morgan Stanley and Chase Manhatten while Winnie Kwok joins from Count Wealth Accountants in Sydney.
National sales manager Clayton Coplestone says the appointments are designed to meet the surge in demand for Credit Suisse's retail funds in 2000. Coplestone says sales last year were six times the budget set at the start of the year.
He says the group has been reluctant to begin servicing extra dealer groups until the right people had been recruited. Credit Suisse will begin servicing four extra dealer groups in 2001, including the massive AMP group, bringing them exposure to 15 of the market's 20 biggest dealer groups.
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.
