Elston Asset Management has hired Peter Vlachos from AMP to join the team as a senior distribution manager.
The firm, which specialises in managed accounts, said it had grown with the popularity of separately managed accounts and was working with over 200 advice firms.
Based in Melbourne, he would look after clients in the Victoria and Tasmania regions.
Vlachos joined the firm from AMP where he spent 10 years in business and development, including three years in the platform and managed portfolio space. He had also worked at AXA and iSelect.
He said: “I love the energy and enthusiasm at Elston. They’re also a company with an impressive track record. They have a great story to tell and I’m looking forward to sharing it with advisers who are looking to embrace the advantages Elston managed accounts have to offer”.
Mark Smith, head of adviser services at Elston, said: “We’re excited to have somebody of Peter’s experience and calibre supporting our clients across Victoria and Tasmania. Peter’s passion to deliver great outcomes for both their business and their clients makes him a great fit for Elston”.