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
There is a gap in the market for Australian advisers to help individuals with succession planning as the country has been noted by Capital Group for being overly “hands off” around inheritances.
ASIC has cancelled the AFSL of an advice firm associated with Shield and First Guardian collapses, and permanently banned its responsible manager.
Having peaked at more than 40 per cent growth since the first M&A bid, Insignia Financial shares have returned to earth six months later as the company awaits a final decision from CC Capital.
Private market secondaries manager Coller Capital has unveiled a new education platform to improve advisers’ and investors’ understanding of secondaries.