Mercer strengthens retail team
Mercer Investment Consulting(Mercer IC) has added an intermediary expert to its retail team working with dealer group and master trust clients.
New appointee Shantanu Tandon will work alongside senior investment consultants Rashmi Mehotra, Cecily Williams, Simon Eagleton and Chris Durack.
Mercer IC practice leader Christopher Andrews said growth in Mercer’s client base — which includes dealer groups such asAMP Financial PlanningandAXA Australiaand master trusts AMP Future Directions,ColonialFirstChoice andSkandia— prompted the addition to the team.
“The intermediary market has specialist needs and Shantanu expands our depth and breadth of services. He understands the problems that financial planning groups and wrap providers encounter as they compete and grow. His first-hand experience as an adviser will be invaluable,” Andrew says.
Mercer’s retail group offers investment advice, asset allocation services, preferred manager lists and customised model portfolios. July will also mark the first birthday of its research web platform, Mercer IS (Industrial Strength).
Andrews says that the group’s ability to draw on global research and staff allows it to provide better quality fund manager information to local clients than other consultants.
Last month Mercer Wealth Solutions executive director investment advice, Tony Cole took on overall management of Mercer Wealth Solutions and Mercer IC, with Christopher Andrews and newly appointed Wealth Solutions practice leader David Anderson reporting to him.
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