Shaw Stockbrocking re-brands, adds advisers
Investment and wealth management firm Shaw Stockbroking announced it is re-branding itself to Shaw and Partners, and have added 15 advisers over the past three months, with more on the way.
The re-branding follows a three-year strategic plan, which included a gradual approach to developing and diversifying its investment business, research and private client advice services.
Shaw and Partners chairman, Paul Masi, said the firm had been focusing on the expansion of the private client adviser business for some time.
"Our priority right now is to ensure we have the right mix of personnel and services for our clients," he said.
The move comes after the firm hired former Macquarie Private Wealth chief executive, Earl Evans, as head of private wealth in March this year.
The firm was close to hiring a new head of institutional business, according to Masi.
Shaw and Partners has offices in Sydney, Melbourne, Brisbane, and Perth, and recently opened an office in Adelaide.
The firm has over $8 billion of assets under advice.
AUTHOR
Malavika Santhebennur
Recommended for you
AUSIEX has announced it will acquire FIIG, a specialist fixed income provider with $4.5 billion in funds under advice.
Platinum Asset Management has announced it is in discussions with a global alternatives fund manager regarding a possible merger to create an $18 billion firm.
JP Morgan Asset Management has appointed an ETF specialist from Vanguard as it seeks to expand its ETF range.
The alternative asset manager has expanded its Singapore office with a head of Asian distribution, representing a “critical step” for the Asian business, where it is seeking to launch new offerings.
