AUI restructures distribution team

AUI has created three key account manager roles, with Theone Star, Huw O’Grady and Allyce Mitchell to fill the roles. All three will report to Damen Purcell, AUI’s head of retail distribution.

Ms Star was previously national account manager but will now be responsible for multi-managers, private banks and brokers, family offices and some NSW based locations. She joined AUI in 2005 and has held a number of business development roles within the financial services industry.

Mr O’Grady will manage major national accounts. Prior to this current role he was AUI’s regional manager for Victoria, South Australia and Western Australia.

Ms Mitchell will be responsible for looking after AUI’s platform relationships. She was most recently national account support manager at AUI.

Nick Everitt has been promoted to business development manager for Victoria, South Australia and Western Australia as a result of these other new roles.

These changes will enable AUI to further develop and expand its adviser and dealer group relationships at a critical time when confidence is returning to the retail investment market.

“We are seeing a number of changes in the financial advice community as a result of the growing confidence amongst investors and changes in the way they seek to invest, which means that now is the ideal time to enhance the capabilities and resources we offer customers,” said Mr Purcell.

“In addition, the strong growth in certain segments of the market, such as family offices, means there has been a change in the kind of information and structures that some adviser groups require from fund managers, which we are well-placed to provide,” said Mr Purcell.