Fiducian names new wealth management head
Ex-Rothschild associate director Paul Barrett has been appointed head of wealth management atFiducian Portfolio Services.
Barrett will head up Fiducian’s financial planning arm and assist in the expansion of the firm’s distribution of wealth management products and services to its adviser network and independent dealers and advisers.
The role was previously the responsibility of Bill Hovey, as head of financial planning, but has now been expanded to take a broader view of the business.
Fiducian’s systems and operations manager Alan Dunne says, “We’ve done a lot of the hard yards on building our services and systems, and believe that there’s plenty of opportunities to market them in a variety of ways. These could range from wholesale funds management to badging arrangements to financial planning - there are a lot of opportunities, and Paul has got a broad range of experience so it seems perfect for him to look at those as part of his role”.
At Rothschild Australia Asset Management (nowSagitta Wealth Management), Barrett was previously responsible for distribution in NSW and the ACT and held a similar role atConnolly Templeprior to joining Rothschild.
AUTHOR
Freya Purnell
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