Perpetual Private fills top job
The search to find a replacement for former head of Perpetual Private Clients Wayne Wilson has ended, with Andrew McKee stepping into the role.
In October last year, Wilson abandoned ship to travel around Australia with his wife. In Wilson's absence, McKee stepped into the acting group executive role for PPC. He was formally appointed by the Perpetual board to group executive earlier this week.
Prior to his new role McKee was NSW regional manager, where he was responsible for building the business in NSW. McKee has experience in superannuation, actuarial, retail advisory and financial services distribution.
Earlier this week, Perpetual released its half year results for the six months to December 31, 2000, revealing that its Private Client division has added another $112 million to its portfolio management service, with total funds at $3.6 billion.
Recommended for you
Shaw and Partners’ new national head of private wealth believes the biggest challenge for financial advisers right now is being able to deliver efficient advice delivery amid a complex regulatory environment and growing investment universe.
Global equity manager Orbis Investments has appointed a head of marketing from Capital Group as it becomes the latest manager to target advised retail investors.
While Australia prepares for the $3.5 trillion intergenerational wealth transfer, two female advisers have discussed why women may be detracted from seeking advice and the impact of the gender imbalance in the industry.
ETF provider Betashares has launched a global bond ETF as investors pour billions into cash and fixed income ETFs.