Macquarie Private Bank focuses on growth
Macquarie Private Bank, has indicated it is looking at growing its presence in the private clients market with the expansion of its senior advisory team.
FormerCitigroupPrivate Banking assistant vice president Olivia Jones has joined Macquarie’s Sydney office in the new position of Private Banking senior adviser, while Cameron Hagger joins as associate director and adviser, based in the Melbourne office.
Macquarie Private Bank head Guy Hedley says the group’s provision of tailored investment solutions to clients, and its business growth plans, requires highly qualified and technically trained staff.
“These new appointments were made as Macquarie grows its Private Banking business and as we found people with the high qualifications and skills necessary to provide the level of service our clients expect,” Hedley says.
Jones’ experience also includes time spent with UBS Banking in London and New York as associate director in charge of the Art Banking division, while Hagger has more than 16 years experience withWilliam M Mercer, much of it as a senior manager.
Macquarie Private Bank has also made two internal promotions, with Beata Kent and Jeremy Sadleir moving from associate adviser positions to become advisers.
Recommended for you
A strong demand for core fixed income solutions has seen the Betashares Australian Composite Bond ETF surpass $1 billion in funds under management, driven by both advisers and investors.
As the end of the year approaches, two listed advice licensees have seen significant year-on-year improvement in their share price with only one firm reporting a loss since the start of 2025.
Having departed Magellan after more than 18 years, its former head of investment Gerald Stack has been appointed as chief executive of MFF Group.
With scalability becoming increasingly important for advice firms, a specialist consultant says organisational structure and strategic planning can be the biggest hurdles for those chasing growth.

