Investec strengthens team
In a move to strengthen its private clients division, Investec has expanded its adviser team with a number of hand picked, high profile advisers according to head of private advisers and funds management Michael Pillemer.
Independent advisers Jeanie Sinclair and Roy Todarello have moved across to the group after a number of years working in their own practice.
Both were among the first graduates of the Masters of Commerce and Financial Planning from the University of Western Sydney, and Sinclair was the first female to complete the degree.
Todarello has about eight years in the industry and comes from an engineering background, while Sinclair has been in the industry for 11 years and has a background in investment banking.
Pillemer says the new advisers fit in with the profile of advisers in Investec and have strong technical skills that will assist with the groups target market of high net worth individuals.
Recommended for you
The month of April enjoyed four back-to-back weeks of growth in financial adviser numbers, with this past week seeing a net rise of five.
ASIC has permanently banned a former Perth adviser after he made “materially misleading” statements to induce investors.
The Financial Services and Credit Panel has made a written order to a relevant provider after it gave advice regarding non-concessional contributions.
With the election taking place on Saturday (3 May), Adviser Ratings examines how the two major parties could shape the advice industry in the future.