Infocus appoints head of business development
Infocus Money Management has appointed Giulio Russo as head of business development, which the group says is to assist it to continue its rapid growth.
Russo was most recently a strategy manager in BT Financial Group's insurance division, and has also worked as a division director with Macquarie Bank in the banking and financial services group, and as head of business development for wrap and superannuation products with Macquarie Adviser Services.
Infocus managing director Darren Steinhardt welcomed Russo to the group and said he would be helping the group expand its footprint in New South Wales.
"We have invested a significant amount of time and effort in strategic positioning and process redesign over the last 12 months", he said.
Infocus said it had entered the top 30 dealer groups this year for the first time.
The group currently has 150 advisers in 85 offices, with around $3 billion in funds under advice and $47 million in risk premiums under advice. It also has over $230 million under management via wholly-owned funds management subsidiary Alpha Fund Managers.
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