Implemented Portfolios News

Implemented Portfolios cracks its first $1Bn in Funds Under Management and expands executive strength

By March 7, 2019 No Comments

Implemented Portfolios Limited has cracked its first $1Bn under management across their highly valued IMA based MDA service.

Greg Kirk, Chairman of Implemented Portfolios, said that “another solid year of growth in 2018 had led to the milestone. Continued momentum in sales, strong retention and an increasing interest in our unique IMA offering underpinned the result. We are seeing a consistent increase in the number of advice practices actively looking for effective, transparent, cost and tax efficient investment solutions to meet their clients’ needs, whilst enabling advisers to focus on providing a superior and individualised client experience.”

Because of this growth, and an anticipated further surge in interest emanating from the recently delivered Royal Commission recommendations, Implemented Portfolios also concurrently announced two new senior key appointments to bring additional capacity and strength to the business:

Susi Collas has joined Implemented Portfolios as Regional Manager, Partnerships and is based in Melbourne, with a focus on working in partnership with advisers to deliver our unique MDA service and enhance client practice efficiencies and client engagement processes. Susi’s experience includes 25 years working in sales and marketing within financial services at organisations including Morgan Stanley, Macquarie Bank and NAB.

Ian White also joined the group as General Manager, Corporate, and brings 30 years of governance and compliance experience to the role. This appointment is critical in ensuring Implemented Portfolios is at the forefront of applying best industry practice in risk and compliance and is in a strong position to support advisers in a dynamic and complex market.

Mr. Kirk also added that “Implemented Portfolios had transitioned from a private company to an unlisted public company in mid-2018 and is close to announcing the additional appointment of a new Non-Executive Director as the business seeks to broaden its Board capabilities in concert with the growth of the underlying business.”