Matt McKinnon to replace Paul Sewell as Perpetual GM
Perpetual Investments has appointed Matt McKinnon as general manager, Australian equities retail sales, replacing Paul Sewell, who has resigned.
McKinnon joined Perpetual in 2006, most recently holding the position of general manager — sales, superannuation and investment solutions (SIS).
He has previously held senior sales and product development roles at IOOF, Rothschild Australia Asset Management and Portfolio Partners in Melbourne, and Morgan Stanley International and Merrill Lynch in London.
Paul Norris has been appointed to replace McKinnon as general manager — sales, superannuation and investment solutions.
Since joining Perpetual in 2005, Norris has held the position of senior business development manager — superannuation and investment solutions and before that senior client services manager.
Prior to joining Perpetual, Norris worked with ING Australia and a number of investment firms including AMP, Colonial First State and HSBC.
Recommended for you
ASIC has released the results of its first adviser exam to be held in 2025, with 241 candidates attempting the test.
Quarterly Wealth Data analysis has uncovered positive improvements in financial adviser numbers compared with losses in the prior corresponding period.
Holding portfolios that are too complex or personalised can be a detractor for acquirers of financial advice firms as they require too much effort to maintain post-acquisition.
As the financial advice profession continues to wait on further DBFO legislation, industry commentators have encouraged advisers to act now in driving practice efficiency.
