Five more advisers shift to Shaw and Partners News08 Jan 2019

Stockbroking and wealth management firm Shaw and Partners has picked up another five advisers who together managed assets worth about $750 million.


It is understood Shaw has hired Mike Pilkington and Garth Jeffery from Commonwealth Bank of Australia's private bank, based in Perth, and Fraser MacLeod who worked at Morgans and was based in Adelaide.


The trio is joined at Shaw by long serving Macquarie Private Wealth advisers Lee Scott and Sergio Porfirio. It is understood the five advisers are due to start with Shaw this month.


Shaw notified staff just prior to the Christmas break, sources said.


It comes as Shaw has aggressively grown its team of advisers in the past three years, to take its assets under advice to $16 billion from $6 billion.


The rapid growth has come under the direction of former Macquarie executive Earl Evans and long-time Shaw boss Allan Zion, who are joint CEOs. More than 50 Macquarie advisers are understood to have joined Shaw in the past three years, which would make it one of the biggest beneficiaries of the exodus at Macquarie.

 

Source: AFR, 8 January 2019  https://www.afr.com/street-talk/five-more-advisers-shift-to-shaw-20190107-h19sif

Related Articles
News13 Mar 2019 Shaw and Partners appointed Sole Lead Manager to the proposed capital raising by Zip Co Limited
Shaw and Partners has been appointed as Sole Lead Manager to a placement undertaken by Zip Co (ASX:Z1P).   The Company is proposing to raise up to approximately A$42.8m, via a pl... Read More
News13 Mar 2019 Shaw and Partners and European Private Bank EFG Enter into Strategic Equity Partnership
Shaw and Partners and EFG International, a global private banking group headquartered in Zurich, Switzerland, today announced they have entered into a long-term strategic partnersh... Read More
News12 Mar 2019 Shaw and Partners appointed Co-Manager to the Perpetual Credit Income Trust IPO
Shaw and Partners has been appointed as a Co-Manager to the Perpetual Credit Income Trust (Trust) Initial Public Offering. The Trust intends to list on the ASX on the 14th of May 2... Read More
News06 Mar 2019 Shaw and Partners appointed Co-Manager to the MCP Income Opportunities Trust IPO
Shaw and Partners has been appointed Co-Manager to the MCP Income Opportunities Trust (Trust) Initial Public Offering. The Trust intends to list on the ASX under the stock code ASX... Read More
A - Z  % Change  
{{data.Symbol}} {{data.CompanyName}} {{data.Close}} {{data.AsAt | date :'shortTime'}} {{data.Movement | number : 2}} {{data.MovementPercent | number: 2}}%