Ex-van Eyk consultants land Sentry
Perth-based dealer group, Sentry, is the first major client to sign up with new asset consultancy group, InvestSense, led by three former van Eyk consultants.
The firm, established by former van Eyk head of asset consulting, Jonathan Ramsay, and asset consultants, Fil Andronaco and Jonathan Tolub, who left the troubled business in August, prior to it going into administration, has replaced their former employer as Sentry’s asset consultant.
Ramsay described securing the signing of Sentry, a top 30 dealer group as “exciting” for the fledgling business.
“We are excited about the opportunity that Sentry has offered our young portfolio construction and consulting company,” Ramsay said.
“Most importantly, it reinforces the confidence we have that the financial services marketplace is seeking improvements in investment outcomes for clients of advisers through a robust, transparent process centred on a valuation based framework.
“Medium sized dealer groups like Sentry have an opportunity to rationalise the investment advice process and associated investment solutions.
“InvestSense can make a big difference in terms of portfolio construction through managed account model portfolios that they already have in place.”
Having previously worked with Ramsay, Andronaco and Tolub, Sentry head of advice, Daniel Parry, said InvestSense was the ideal choice to replace van Eyk.
“We felt InvestSense provided a proactive approach to asset allocation with fresh thinking about portfolio allocation,” he said.
“Most importantly, we sought a partner to build client friendly solutions within Sentry’s compliance framework and assist advisers to deliver better, long term, sustainable returns for their clients.”
AUTHOR
Nicholas O'Donoghue
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.
