HUB24 adds to team in wake of $5 billion in FUA target
After tripling in size since 2014 and reaching $5 billion in funds under administration (FUA), HUB24 is positioning itself for further growth, appointing four new executives.
HUB24 managing director, Andrew Alcock said the firm was well positioned to continue its growth and said the platform would look to deliver to client expectations including heightened control, flexibility and transparency.
Former Ord Minnett head of platform, product and sales, George Deva would focus on expanding the HUB24 product suite and increasing the firm’s focus on stockbroking and private wealth management. Deva has held several roles with Ord Minnet over a 12 year period and previously held four senior roles with State Street Australia between 1997 and 2004.
Brand and marketing strategy would be guided by former BT Financial Group senior manager, Anne McDonnell, who officially joined HUB24 in November last year and previously held various positions at J.P. Morgan in Sydney and London between 2000 and 2010.
The position of group financial controller would be taken on my former Commonwealth Bank of Australian (CBA) senior manager, Damon Fenner. In addition to positions with Bit Trade Australia and ICAP, Fenner is the previous director and treasurer of the Australian Digital Currency & Commerce Association, and has held various positions across Australia, the UK and Singapore.
Former Praemium business development manager (BDM) Jerome Swindon would take on the role of BDM for HUB24 and also previously held senior positions at BlackRock between 2004 and 2012.
“The appointments of George, Anne, Damon and Jerome will be instrumental in ensuring we keep evolving and responding to the demands of the industry. We are very focussed on ensuring we have the best talent in our business to maximise additional growth opportunities,” Alcock said.
“We are very focussed on ensuring we have the best talent in our business to maximise additional growth opportunities.”
AUTHOR
Hope William-Smith
Recommended for you
Fund managers may be operating in a squeezed environment, but a salary guide shows they are willing to pay up for specialist talent to diversify their fund range.
Reach Alternative Investments has entered into a strategic partnership with Russell Investments to bolster its wholesale private markets offering for financial advisers and investors.
Boutique investment consulting and research house Genium Investment Partners has announced a senior appointment to drive further growth in its research ratings business.
Nuveen has appointed a global head of estate, a successor to Chris McGibbon who steps down after almost 25 years.
