Stanford Brown hires BDM to meet managed accounts demand

Stanford-Brown/challenger/phil-anderson/head-of-distribution/business-development/macquarie/financial-planning-firms/Jonathan-Hoyle/advice-industry/

24 October 2018
| By Anastasia Santoreneos |
image
image
expand image

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.

Read more about:

AUTHOR

Recommended for you

sub-bgsidebar subscription

Never miss the latest news and developments in wealth management industry

MARKET INSIGHTS

So we are now underwriting criminal scams?...

3 months ago

Glad to see the back of you Steve. You made financial more expensive, not more affordable as you claim, and presided ...

3 months 1 week ago

Completely agree Peter. The definition of 'significant change is circumstances relevant to the scope of the advice' is s...

5 months 1 week ago

ASIC has suspended the Australian Financial Services Licence of a Melbourne-based financial advice firm....

3 weeks 4 days ago

A former Victorian financial adviser has been sentenced after stealing $4.4 million from clients, family and friends to feed his “raging gambling addiction”....

3 weeks 2 days ago

A financial advice firm has been penalised $11 million in the Federal Court for providing ‘cookie cutter advice’ to its clients and breaching conflicted remuneration rule...

2 weeks 1 day ago

TOP PERFORMING FUNDS

ACS FIXED INT - AUSTRALIA/GLOBAL BOND
Fund name
3y(%)pa
1
DomaCom DFS Mortgage
93.34 3 y p.a(%)
2
5
Plato Global Alpha A
28.83 3 y p.a(%)