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.
Recommended for you
Alphinity Investment Management and CSIRO have brought its responsible AI framework to the market, helping investors navigate AI alongside ESG principles.
The ASX board has appointed Wayne Byres as a non-executive director, who previously served as APRA chair for more than eight years.
Ahead of an upcoming fund launch focusing on mid-caps, OC Funds Management has welcomed a new portfolio manager to its investment team.
Almost 70 per cent of asset managers are planning to control costs via product rationalisation, according to a global survey by Northern Trust, as they seek to offer clients a best-in-class experience.