Austock sets up new business development team
Austock Group has created a new business development team to provide support across the company, appointing Jeffrey Triganza, Richie Sorensen, and James Powell to key roles.
The team will support the investment management, corporate and institutional investors and private wealth arms of the company.
Andrew Ward, national sales manager for Austock, said the recruits will boost Austock’s retail presence in the marketplace.
Triganza has previously worked as a product manager in specialist funds at MLC Investments, while Powell has worked with BMM Financial Services and Aylesbury Financial Group. Powell was also previously a business development manager at Rural Funds Management.
Sorensen has experience as a business development manager with AMP, establishing dealer group and adviser relationships with the independent financial adviser market. He has also worked with Citigroup/Metlife and Commonwealth Securities.
Recommended for you
Sequoia Financial Group has announced it is selling off its Informed Investor subsidiary which it acquired in April 2022.
Wealth Data has examined which advice business model has seen the most growth since the start of the year including those that offer holistic advice.
Research conducted by Elixir Consulting and Lonsec has quantified the efficiency gains of using managed accounts in financial advice practices in hours per week saved.
With only one-quarter of advice practices actively seeking feedback from clients, the Financial Advice Association Australia has emphasised why this is a critical tool for client retention.