Dalton Nicol Reid brings new CEO
Independent investment manager Dalton Nicol Reid has appointed Robert White as its new chief executive officer and head of distribution.
It comes after former CEO and one of the founders Harley Dalton left the company.
"We are pleased to have found such a high calibre professional with a depth of knowledge in both wealth and funds management across a diverse client base of retail, wholesale and institutional investors," director and chief investment officer Jamie Nicol said.
"In the last six months, we have secured two institutional mandates, our funds under management has reached $850 million and we have broadened both our investor and shareholder bases."
White has nearly 20 years experience in the financial services industry. Most recently he was executive director and head of advice at JBWere Private Wealth Management.
Before that he was the chief executive officer for Certitude Global Investments (previously HFA Asset Management) where he and his team implemented strategy that saw the business grow funds under management from $80 million in 2003 to $4 billion in 2008.
White will begin his role on 24 March.
AUTHOR
Staff Writer
Recommended for you
Apostle Funds Management has appointed the newly created position of director, head of wholesale as the firm expands its Australian footprint in the wholesale sector.
Recruitment manager Robert Half has shared the most in-demand roles in financial services that firms are finding difficult to fill, driven by ASIC’s growing focus on risk and compliance.
ASIC chief executive, Warren Day, is among senior executives to depart the corporate regulator amid changes to its leadership team.
Iress has completed the sale of its platform business, bringing $4.1 billion in funds under administration over to Praemium.
