Sterling Private Wealth is appointing David Murray to the role of chief executive where he will be responsible for guiding the boutique private wealth business in its transition to its own Australian financial services licence (AFSL).
Commenting on the appointment, Sterling principal, Peter Stevenson said Murray would place the business in a solid position moving forward.
“David is an exceptional financial service professional with an extensive background, industry insight and track record of success,” he said.
“He is an outstanding individual with proven management, leadership and a history of achievement from running his own financial advice practice to his most recent role.”
Murray would join Sterling from BT Magnitude, where he held the role of regional practices business manager. He was also the owner of Redbudd Consulting and formerly held positions with Peloton Partners in Melbourne, as well as at Mercer.
“My goal is to provide the strategic vision that keeps Sterling ahead of the curve with an operational framework that provides professional financial advice services and holistic solutions for our clients,” Murray said.
Murray would oversee the Sterling offices in Melbourne, Brisbane, and the Gold Coast.
