Implemented Portfolios expands teams, prepares for further growth

From

Laura McInerney

Managed Discretionary Account operator, Implemented Portfolios Limited (IPL) has announced several strategic hires as it prepares for further accelerated growth.

Adding to its Distribution and Portfolio Management teams, the Australian based company which specializes in providing financial advisers with an Individually Managed Account (IMA) service, continues to expand in line with its increase in Funds Under Management (currently at approximately $1.65Billion) and adviser partnerships.

IPL has welcomed both Laura McInerney and Kieran O’Halloran into newly created roles – Executives – Partnerships and Distribution, under the leadership of Phil Pilgrim – General Manager of Partnerships and Distribution.

Laura brings with her to IPL an extensive career in sales and relationship management spanning almost 10 years within the investment management sector, including roles at Macquarie Bank, Xplore Wealth and Private Portfolio Managers (PPM). Kieran joins IPL after 6 years working across several roles at MLC within insurance, investments and licensee services.

IPL has also added to its Portfolio Management team, appointing Anton Hermanto to the position of Custody and Administration Manager, reporting into Head of Investment Services – Chris Smith.

Anton joins the IPL team, having previously worked in similar roles within fund and investment operations across Colonial First State, Nikko Asset Management and JP Morgan.

Executive Chairman of IPL – Greg Kirk is pleased about the company’s continued expansion, saying “As our momentum continues to intensify during 2021, we are delighted to further strengthen our teams as interest in our Individually Managed Account (IMA) service continues to grow also.

“In regard to the appointments of Laura and Kieran, it is exciting to witness what was not long ago a one-man distribution team evolve into a team of five, which we believe is a demonstrated reflection of our company’s continued progress.”

“In collaboration with over 121 advice practices, we now manage over 4000 model portfolios and that number has continued to grow steadily as more and more advisers recognize the benefits of the IMA structure for investors, and the efficiencies our service brings to their businesses.

“What we are seeing in the industry right now, particularly within managed accounts, is an increasing shift towards delivering a more personalised investment experience to investors based on individual preferences and values, and our service enables advisers to provide this individualisation to their clients at scale.

“The new additions to our teams will assist in servicing this growing clientele and supporting the financial advisers utilising our service.” Greg Kirk concluded.

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