New Private Wealth Management Firm Announces Two Key Appointments
03 Mar 2015
3 March 2015
“We are delighted that two of the country’s top private wealth advisers are joining us to provide advice which is independent and completely free of conflicts of interest.”
New private wealth management firm Koda Capital has announced the appointment of two key advisers to its fast growing team.
Koda Capital was established late last year by former CEO of JBWere, Mr Paul Heath, and former CEO of MLC and NAB Wealth, Mr Steve Tucker – two of Australia’s most experienced private wealth executives.
Mr Ben Andreou, former director and adviser to a number of high net worth clients in the Private Clients business of Pricewaterhouse Coopers Sydney, has joined Koda Capital as Director of Specialist Advice and Partner.
At Koda Capital, Mr Andreou will provide specialist advice to high net wealth families, as well as senior executives of public and private companies, in relation to their personal finances to maximise their after tax wealth.
Meanwhile Mr Luther Poier, who has more than 20 years of executive and management experience in personal and business investment, corporate strategy, business start-ups and re-structuring, is joining Koda Capital as an Adviser and Partner.
Mr Poier has joined the firm from CBA’s private wealth team, where he provided specialist investment advice to many of Australia’s wealthiest individuals and families.
The addition of Mr Andreou and Mr Poier boosts Koda Capital’s team to 18 people.
CEO of Koda Capital, Mr Heath, said “We are delighted that two of the country’s top private wealth advisers are joining us to provide advice which is independent and completely free of conflicts of interest.
“One of the key attractions of Koda for specialist advisers and clients who are joining us is the fact that we are charging clients transparent fees for our services, without any commission for selling them into products that may or may not suit them. This enables us to genuinely put our clients’ interests first at all times”, he added.
Koda Capital is providing a complete wealth management solution for high net worth individuals, families, and not for profit organisations. The firm’s core services include investment strategy; financial planning, including advice on appropriate structures; intergenerational wealth advice; and advice within the philanthropic space.
The greatest risk for advice practices bringing on Professional Year advisers is making an investment in non-revenue generating employees who then become attractive to recruiters for other firms once they finish their training commitments. But one of the country’s leading wealth firms, Koda Capital, believes it has found a way to create an attractive career...
Today US financial investment publication Barron’s, in partnership with The Australian’s business magazine The Deal, released their rankings of Australia’s Top 100 Financial Advisers. The rankings are based on a comprehensive national survey. This list offers clients and advisers a unique guide to the leading practitioners in the sector. The formula used to calculate the...
Subscribe to Koda insights
*Please note that the majority of research Koda produces and distributes is client-access only. Subscribing to the insights distribution list will only give you access to publicly available Koda reports.