Shaw and Partners grow institutional business
Investment wealth management firm, Shaw and Partners has appointed Darin Lester as its institutional equities specialist to grow their institutional business capabilities.
Shaw and Partners head of equities Mike Ryan said the firm was attracting both retail and institutional professionals to its rank.
"We have grown a strong collaborative culture where everyone's point of view is valued and taken into consideration," Ryan said.
"Our non-bureaucratic flat management structure means that staff, at every level, has high personal engagement with senior executive."
Lester was most recently at BTIG where he has a senior member on the institutional equity sales and sales trading desk.
Prior to that he held roles with Macquarie Group where he was a division director for alternative strategies and institutional sales in the group's New York, Hong Kong, and Sydney offices.
Recommended for you
A quarter of advisers who commenced on the FAR within the last two years have already switched licensees or practices, adding validity to practice owners’ professional year (PY) concerns.
Integrated wealth and financial services group Rethink has launched a financial planning arm called Rethink Wealth to expand beyond property investing and into holistic wealth management.
While adviser numbers continue to slowly creep back up, the latest Wealth Data analysis reveals they would actually be in the green for the calendar year if it weren’t for so many losses in the limited advice space.
Iress has appointed a chief AI officer to spearhead the fintech’s strategic focus on AI, with chief executive Marcus Price describing how the technology opens the doors to a “new frontier for wealth advice”.
