Macquarie expands Western Australian team
Macquarie Private Wealth continues to expand its Western Australian business with the addition of two new advisers to its Perth-based team.
Matt Rigg and Tim Reed have joined the team as private client advisers.
Rigg has a background in agriculture and was previously general manager of Australian Agricultural Contracts.
Before this he was a senior trader with Elders Risk Management, providing advice in the agricultural sector.
Reed has 11 years of experience in the financial services industry, and has specialised in the resources sector. He joins the group from Bell Potter Securities where he was a private client adviser.
Macquarie Private Wealth WA state manager Stephen Moloney commented on the importance of the specialised areas of agriculture and resources that Rigg and Reed will bring to the team.
"Resources and agriculture are two crucial industries in Western Australia, and are a particular focus for personal investors in Perth - whether they work in these sectors or are interested in investing into them," Moloney said.
AUTHOR
By Jack
Recommended for you
With Fortnum Private Wealth and Professional Financial Services now unified under the Entireti umbrella company, CEO Neil Younger has detailed to Money Management the firm’s new direction and future expansion.
There may be a huge influx of alternatives coming to the market, but timing and access difficulties mean advisers can easily end up disappointed with their selection, according to Morningstar global CIO Dan Kemp.
An NSW individual has pleaded guilty to one criminal charge of providing unlicensed financial services after promoting crypto investments at national seminars.
Minister for Financial Services, Stephen Jones, has said he did not expect backlash to changes around advice fee deduction and believes the second tranche will have greater impact, committing to enact it by May 2025.
