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
Digital advice tools are on the rise, but licensees will need to ensure they still meet adviser obligations or potentially risk a class action if clients lose money from a rogue algorithm.
Shaw and Partners has merged with Sydney wealth manager Kennedy Partners Wealth, while Ord Minnett has hired a private wealth adviser from Morgan Stanley.
Australian investors are more confident than their APAC peers in reaching their financial goals and are targeting annual gains of more than 10 per cent, according to Fidelity International.
Zenith Investment Partners has lost its head of portfolio solutions Steven Tang after 17 years with the firm, the latest in a series of senior exits from the research house.
