Austock appoints new head of private clients
Independent stockbroker, Austock Securities has appointed Scott Young as its new head of private clients.
Scott joined Austock four months ago as director of product, marketing and distribution (PMD), but has since proven himself to be an outstanding performer with his extensive experience in investment banking and retail financial services over 20 years, Austock said.
Scott will now manage both the group’s PMD function as well as head its private clients, meaning both businesses will be working more closely together.
Austock chief executive officer Tim Boyle said this will provide Austock with an exciting opportunity to develop its private client capability, and is another step towards becoming an innovative and diversified financial services group.
“We need to constantly deliver value to our clients and wealth management businesses as well as intermediary channels in providing the products, services, marketing and IT required to grow our traditional broking business and develop our annuity income opportunities,” he said.
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