Shaw and Partners has appointed a new chief investment officer in an effort to meet the needs of its advisers and clients.
According to a statement this morning, Martin Crabb has been named CIO at Shaw and Partners and will accelerate the company’s product and service development for its clients.
Mr Crabb had been Shaw and Partners’ head of research for six years, the statement said. Head of equities Mike Ryan will assume responsibility for the institutional and research functions within the business.
Shaw and Partners co-chief executive Earl Evans said the firm’s investment offering is now significantly broader and it has become important for Shaw and Partners to have a dedicated CIO.
“We have been allocating significant resources, for some time, to ensure we have the right mix of investment choices for both our advisers and our clients and we have made the decision that this needs to be strategically overseen by someone with the knowledge and the experience to broaden both the reach and the scope of our advice and our product offerings,” he said.
Mr Evans added the growth in the firm’s adviser numbers is due to its offering.
“We have been able to attract some of the best advisers and institutional investment specialists in the market because we have been very clear from the outset that we want to provide our clients with an evolving, comprehensive and value enhancing offering,” he said.
“Having someone with Martin’s experience overseeing this most important function in our business means we are well placed to continue to grow our services to clients and the support we provide to our advisers.”
Stimulate new ideas. Stimulate new thinking. Top up your CPD points and hear from industry experts with ifa’s Knowledge Centre. Keep up to date with the latest trends and reforms, all while adding to your CPD hours. Explore the Knowledge Centre now.
IOOF has completed the first phase migration of its legacy platforms and products on new proprietary super and investments platform, Evolve. ...
The Administrative Appeals Tribunal has rejected an adviser’s appeal for review of an ASIC banning order after he failed to show in court. ...
ROAR Software and Fin365 have partnered up for a new integrated solution. ...