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
Channel Capital has appointed a head of investment oversight who joins from 14 years at asset consulting firm JANA Investment Advisers.
Licensee Centrepoint Alliance has completed the acquisition of Brighter Super’s annual review service advice book, via Financial Advice Matters.
ASIC has launched court proceedings against the responsible entity of three managed investment schemes with around 600 retail investors.
There is a gap in the market for Australian advisers to help individuals with succession planning as the country has been noted by Capital Group for being overly “hands off” around inheritances.
