Mercer boosts wealth management capability
Mercer has consolidated its position in the retail space with the appointment of Cara Williams as global head of wealth management consulting.
Williams, who is based in London, has been the global chief operating officer of Mercer’s Investment Consulting business for the last six years.
Before joining Mercer, Williams worked in business development and client management roles at Merrill Lynch and CDC Investment Management Corp.
The appointment comes at the same time as the announcement that Risk and Investment Advisors Australia (RIAA) and Lifespan Financial Planning have both chosen Mercer’s wealth management consulting team to support their high-net-wealth client propositions.
Mercer’s head of wealth consulting in Australia and New Zealand, Brian Long, pointed to the key role the company’s wealth management consulting service offering was playing in Mercer’s investment business in Australia and New Zealand.
"We are in a unique position to provide clients with expertise across the globe, drawing on an array of resources to help us understand how both local and international funds operate and perform,” Long said.
Recommended for you
Financial advice platform Otivo has made an experienced appointment from the US as its head of product strategy.
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.