Two more leave Advance

investment management

22 January 2007
| By Darin Tyson-Chan |
image
image
expand image

Geoff Lloyd

Advance Asset Management has lost two of its Victorian sales team members, with state manager Damian Holland and offsider Olivia Hawkes recently exiting the company.

St George general manager, wealth, Geoff Lloyd said: “Damian resigned before Christmas and he’s taken a job with a boutique asset manager. It has a different sort of structure and opportunities are there for him, which is great for him personally.”

According to Lloyd, Hawkes is continuing her working association with Holland by joining him at his new place of employment.

“Olivia’s going with Damian. She and Damian have worked together in their last three jobs,” Lloyd said.

Advance is looking to replace both staff members and Lloyd believes the development has given the newly appointed national head of sales and distribution for Advance, Greg Newman, the opportunity to “hand pick” his Victorian sales force to take the business into the future.

“Greg’s got an extensive asset management background and has been Asgard’s state manager in Perth for the last four years. He’s worked in the Melbourne market in particular, so he’s obviously in that role and reconsolidating the team he wants for the go forward,” he explained.

“I see the stability of the team now very strong, and for Greg it gives him an opportunity to get the right team going forward in Melbourne,” Lloyd added.

The news comes a fortnight after it was revealed that Advance head of investment solutions Steve Gamerov was leaving the organisation to join boutique manager MIR Investment Management.

Read more about:

AUTHOR

Recommended for you

sub-bgsidebar subscription

Never miss the latest news and developments in wealth management industry

MARKET INSIGHTS

GG

So shareholders lose a dividend plus have seen the erosion of value. Qantas decides to clawback remuneration from Alan ...

2 months 3 weeks ago
Denise Baker

This is why I left my last position. There was no interest in giving the client quality time, it was all about bumping ...

2 months 3 weeks ago
gonski

So the Hayne Royal Commission has left us with this. What a sad day for the financial planning industry. Clearly most ...

2 months 3 weeks ago

Insignia Financial has made four appointments, including three who have joined from TAL, to lead strategy and innovation in its retirement solutions for the MLC brand....

1 week 3 days ago

The Reserve Bank of Australia's latest interest rate announcement has left punters disheartened on Melbourne Cup Day....

1 week 2 days ago

The Federal Court has given a verdict on ASIC’s case against Dixon Advisory director Paul Ryan which had alleged he breached his director duties....

1 week 1 day ago