Macquarie restructures adviser services
Macquarie Financial Serviceshas restructured its core adviser distribution team in an attempt to boost its level of service to independent financial advisers.
The restructure is based around the appointment of Chris Niall and Peter Shepherd as national key account managers to be based in Sydney.
Niall joins Macquarie fromMerrill Lynch Investment Managerswhere he was the national business development manager for master funds. Shepherd has previously held the position of national manager adviser distribution for bothPM Capitaland BGI.
Macquarie’s new adviser relationship and distribution group head, Jason Huddy, says the changes were part of a major review by the group to ensure advisers continue to receive the highest level of service and access to Macquarie’s suite of financial services.
Also as part of the restructure, Macquarie’s former Western Australian business development manager, Deirdre Wroth, will be moving from Perth to Sydney to take up the position of national business development manager.
Current Queensland and Victorian state managers Noel Lord and Martin Hoffman will also assume the responsibilities of national key account managers based in their respective states, as will NSW’s Grant McCorquodale, who will continue to focus on the stockbroking market for Macquarie.
Huddy says Macquarie will continue to invest in new ways to deliver quality financial products, services and solutions for financial advisers to use with their clients.
Recommended for you
Professional services group AZ NGA has made its first acquisition since announcing a $240 million strategic partnership with US manager Oaktree Capital Management in September.
As Insignia Financial looks to bolster its two financial advice businesses, Shadforth and Bridges, CEO Scott Hartley describes to Money Management how the firm will achieve these strategic growth plans.
Centrepoint Alliance says it is “just getting started” as it looks to drive growth via expanding all three streams of advisers within the business.
AFCA’s latest statistics have shed light on which of the major licensees recorded the most consumer complaints in the last financial year.