K2 AM appoints Bell to lead new Perth business
K2 Asset Management has expanded its business for the second time this year and opened a Perth-based office, appointing Steven Bell as regional manager.
The move followed the opening of the company’s Sydney branch in January 2011. K2 Asset Management head of distribution, Andrew Hall, said the fund manager decided to target the Western Australian market due to the state’s general wealth as a result of the mining boom.
“We are excited about the new opportunities with financial planners and the take up of our products through a number of dealer groups; we see that there are extensive opportunities in Perth at the moment,” Hall said.
Bell, who has been appointed to lead the WA business, has 15 years of financial services experience and was most recently a partner in the boutique financial planning firm Vantage Wealth Management.
Prior to this, he held senior business development and state manager roles with BT Financial Group.
Hall said the main focus of K2 Asset Management would be an expansion into the broader financial planning network and dealer groups.
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