Macquarie restructures adviser services

Macquarie Financial Serviceshas restructured its core adviser distribution team in an attempt to boost its level of service to independent financial advisers.

The restructure is based around the appointment of Chris Niall and Peter Shepherd as national key account managers to be based in Sydney.

Niall joins Macquarie fromMerrill Lynch Investment Managerswhere he was the national business development manager for master funds. Shepherd has previously held the position of national manager adviser distribution for bothPM Capitaland BGI.

Macquarie’s new adviser relationship and distribution group head, Jason Huddy, says the changes were part of a major review by the group to ensure advisers continue to receive the highest level of service and access to Macquarie’s suite of financial services.

Also as part of the restructure, Macquarie’s former Western Australian business development manager, Deirdre Wroth, will be moving from Perth to Sydney to take up the position of national business development manager.

Current Queensland and Victorian state managers Noel Lord and Martin Hoffman will also assume the responsibilities of national key account managers based in their respective states, as will NSW’s Grant McCorquodale, who will continue to focus on the stockbroking market for Macquarie.

Huddy says Macquarie will continue to invest in new ways to deliver quality financial products, services and solutions for financial advisers to use with their clients.