Increasing demand for managed accounts drives growth in boutique asset manager, Quilla Consulting
30 August 2018 - Quilla Consulting today announced two new appointments, Steven Jessop as National Business Development Manager, and Michael Lange as an Analyst within their Investment team.
Steven is responsible for leading the expansion of Quilla’s distribution across Australia, and Michael will focus on manager research whilst also supporting Quilla’s Portfolio Managers.
Andrew Connors, Director said, “we are delighted to have people of Steven and Michael’s calibre join our team. Our continued expansion is driven by the increasing demand by financial advisers for our public menu and customised managed account solutions, combined with our goal-based technology, Fincast, created for Advisers to use with their clients.”
“The Royal Commission is highlighting the need for advisory groups to have the freedom to comply with the ‘best interest’ duty. As part of this requirement, we expect to see more advisory groups access managed account platforms”.
Steven recently returned from a decade working in the United Kingdom (UK) where he was raising capital from global institutions, family offices and wealth managers for managed funds. Before leaving for the UK, Steven spent 10 years in distribution roles in Australia including with Macquarie, Suncorp and AMP.
Michael has over 16 years’ experience and joins Quilla from a large, boutique wealth management company. He specialises in investment manager research and portfolio construction.
Quilla Consulting was founded by industry veteran, Mathew Jeremy and Andrew Connors. The company has grown quickly since its launch in 2014, with their portfolios and customised private label solutions now offered on four managed account platforms.