LGT Crestone recently welcomed industry veterans Steve Collins and Mason Allamby to the company’s Melbourne office as Partners and Investment Advisers. These appointments reflect the company’s commitment to the growth and enhancement of services for high-net-worth and ultra-high-net-worth clients, and family offices.
The longtime colleagues and Escala Partners co-founders now lead a team at LGT Crestone supported by Chris Quigley, Steve de Bolfo, and Amelia Kelaher. The team provides professional advice to high-net-worth families, family offices, and not-for-profit organisations.
This expansion is supported by LGT Crestone’s recent growth in the Australian market – over the 2024 financial year the wealth manager amassed a 17% increase in client assets under advice and total revenue and doubled the size of the Lombard portfolio. The year also saw LGT Crestone expand its credit offering to include mortgages, providing clients the ability to leverage the equity in their properties to provide liquidity when needed and to further diversify their investment portfolios.
According to Michael Chisholm, LGT Crestone CEO, “We are delighted to welcome Steve and Mason to our team. Their client-centric ethos and exceptional track record reflect LGT Crestone’s commitment to excellence in financial advisory, and align with our entrenched client-focused culture.
“With a deep understanding of the market and wealth of experience, Mason and Steve play a critical role in our work providing tailored financial advice and strategies to our valued clients,” Chisholm concluded.
Mason Allamby
Mason brings over 25 years of experience in finance to his role at LGT Crestone, specialising in comprehensive advisory services encompassing investment management, asset allocation and tax optimisation. Prior to this, Mason co-founded and served as client adviser at Escala Partners, shaping strategic investment decisions tailored to high-net-worth families. His tenure at UBS Wealth Management and Mercer further fortified his reputation as a trusted financial planner and adviser.
On his new role, Mason commented, “I am thrilled to join and lead the next phase of LGT Crestone’s growth, and to leverage my experience in providing personalised investment solutions that align with the goals of our esteemed clientele.”
Steve Collins
Steve is a seasoned investment adviser with over two decades of experience in private client wealth management. Steve also served as an adviser and co-founder at Escala Partners. Prior to this, Steve spent over 11 years at UBS Wealth Management where he became Executive Director, leveraging his proficiency in domestic and international equities, fixed-income securities, real estate investment trusts, alternative investments, and derivatives.
Regarding his new position, Steve remarked, “I am passionate about helping clients design and build portfolios that help achieve their long-term financial goals, and am excited to be working with the dedicated team at LGT Crestone to continue doing just that.”