Stanford Brown hires BDM to meet managed accounts demand


Stanford Brown has appointed former Challenger head of distribution, annuities, Phil Anderson, as its business development manager for its Lunar Managed Accounts to meet growing demand for the product.
Anderson, who also spent 15 years in various business development roles at Macquarie, would now be responsible for marketing the firm’s Lunar Managed Accounts to financial planning firms that want a managed portfolio service.
Stanford Brown chief executive, Jonathan Hoyle, said the appointment aligned with the firm’s belief that managed accounts are a superior way to manage client money and would become the model for the advice industry.
Recommended for you
Trustee and fund administration platform MSC Group has promoted Shelley Brown as its chief operations officer, having successfully completed the integration of the Certane Corporate Trust business.
Australian Unity’s group managing director and chief executive has announced his plans to retire at the end of the year after two decades leading the company.
TAL has appointed a senior manager for investment strategy and portfolio management who joins from a lead role at AIA.
Global wealth management platform FNZ has appointed a new group head of APAC, while boutique investment manager TWC Invest welcomes a chief technology officer.