K2 AM appoints Bell to lead new Perth business
K2 Asset Management has expanded its business for the second time this year and opened a Perth-based office, appointing Steven Bell as regional manager.
The move followed the opening of the company’s Sydney branch in January 2011. K2 Asset Management head of distribution, Andrew Hall, said the fund manager decided to target the Western Australian market due to the state’s general wealth as a result of the mining boom.
“We are excited about the new opportunities with financial planners and the take up of our products through a number of dealer groups; we see that there are extensive opportunities in Perth at the moment,” Hall said.
Bell, who has been appointed to lead the WA business, has 15 years of financial services experience and was most recently a partner in the boutique financial planning firm Vantage Wealth Management.
Prior to this, he held senior business development and state manager roles with BT Financial Group.
Hall said the main focus of K2 Asset Management would be an expansion into the broader financial planning network and dealer groups.
Recommended for you
The UK-based global asset manager has formed a new group executive committee to accelerate its growth strategy following the commencement of its new CEO this month.
Momentum Media has announced 26 winners across 10 individual and 15 group categories for its brand-new Australian AI Awards.
The financial services industry is currently “overwhelmed with quality and quantity of candidates”, Kaizen Recruitment explains, leading executives to face 12-month long recruitment processes.
Zenith Investment Partners has appointed an experienced research executive as its new group head of research following the departure of Bronwen Moncrieff.