Praemium is pleased to announce that Steve Thomas will be joining Praemium on 7 May as Manager of Self-Invested and International Solutions. With over 30 years’ experience in product management and strategy roles, Steve brings to Praemium a deep understanding of the platform and managed-accounts market.
Steve joins us from Netwealth, where as Head of Managed Accounts Strategy and Development he was responsible for development of the Netwealth managed accounts retail and private-label business. His career in platform development and strategy started in 2000 at Norwich Union Navigator, followed by several years at Avanteos where he played a key role in the development of the platform and later the transition of the business to Colonial First State Custom Solutions. Whilst at CFS Steve was instrumental in the development of the CFS Wealth Management wrap platform and FirstWrap.
Steve’s role at Praemium will involve further development of recently launched initiatives, including a packaged SMSF Administration service, International Investment Models within the Praemium SMA, and several other innovative products and services to enhance Praemium’s market-leading integrated managed-accounts platform.
Praemium Head of Product and Marketing Mat Walker commented, “We are thrilled to add Steve’s experience to the team. His technical product and industry expertise will help drive a range of exciting strategic initiatives that will help to build upon Praemium’s position as the leading managed-account platform provider in the market with more than $7.5b in SMA funds under administration. Steve’s appointment is another example of how we are investing for current and future growth to support the evolving needs of our rapidly growing investor and adviser base.”