The company’s Funds Under Management has continued to steadily increase this year despite the global impacts of the COVID-19 pandemic, reaching a significant milestone of $1.5Bil in FUM this week. Executive Chairman of IPL, Greg Kirk has observed the increase in momentum, saying “It’s pleasing to see our momentum continue over a sustained period and we see that as confirmation of more and more advisers seeing the value in providing their clients with a personalised investment service and using our IMA solution to do so.” IPL welcomed new Non-Executive Director, Dr Steve Garth – Principal of Principia Investment Consultants – to its Board last week.

Dr Garth brings to the Board two decades of experience in key Financial Services roles, including a broad career managing Australian and Global portfolios. He founded Principia in February this year after 19- years at Dimensional Fund Advisers, where as Vice President and Portfolio Manager he played a key role in helping to communicate Dimensional’s investment processes to institutional and adviser clients and prospects.

Prior to Dimensional, he was on the faculty of the University of New South Wales. His teaching and research interests were in optical fiber technology and quantitative finance.

Dr Garth said of the appointment, “I am delighted to be joining the Board of Implemented Portfolios as non-executive Director. I look forward to working closely with the rest of the Board and the entire Implemented Portfolios team over the next few years, helping the firm to accelerate its growth and deliver outstanding investment outcomes for financial advisers and their clients.”

Executive Chairman of the Board, Greg Kirk commented on the appointment, saying “This is a significant new addition to our Board and Steve will provide additional strength to our expertise across several strategic disciplines.”

IPL also bolstered its Corporate Development team to leverage further FUM growth, appointing Tahlia Rozis, to the position of Corporate Development Associate. Tahlia brings sound knowledge of the investment management space to the role, from her time at Perpetual working within the wholesale distribution team. She will be working closely with Phil Pilgrim – Head of Distribution, who joined IPL toward the end of 2019 having previously held senior roles within BT.

IPL plans to add further Corporate Development roles in the coming months, and is expected to make more announcements regarding this soon.

In IPL’s Investment Services division, Samantha Feeley has been appointed to the role of Portfolio Operations Assistant. Ms. Feeley was previously employed in the Market Operations Division of Macquarie Bank, as well as holding similar positions at both NAB and RBS. She will support the Portfolio Management team, following growth in the number of Individually Managed Accounts being managed by IPL.

Greg Kirk is pleased about increasing the headcount of the company, saying “As the number of advice businesses utilising our IMA service continues to increase, we made a decision to expand some of the teams to accommodate further growth and widen both our servicing and distribution reach.”

“The new members of our team all possess unique and highly desired skill sets that will further enrich our adviser and client-centric culture and in turn, enhance the innovative service we deliver to financial advisers and their clients.

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Naomi Christopher and David Plumb.

Australian based Managed Discretionary Accounts provider, Implemented Portfolios Limited (Implemented Portfolios) has announced the strategic appointments of Naomi Christopher to National Manager – Marketing and Communications, and David Plumb as independent non-executive director.

The company celebrated reaching $1Billion in Funds Under Management, as well as bolstering its senior management team back in March of this year. It has since experienced further accelerated growth – recording $1.19Billion in Funds Under Management as of this week. With the appointment of Naomi and David the company aims to continue this momentum as it prepares for some major upcoming projects and potential announcements.

Naomi brings to the Implemented Portfolios team a diverse range of Marketing, Communications and Public Relations experience and a career in Financial Services spanning over ten years. She has previously held similar roles at companies – Midwinter Financial Services (now owned by Bravura Solutions) and Funds Ratings Research house – SQM Research.

David joins the Board with extensive experience in similar roles also – holding Board positions across the financial services industry. Examples of these include Chairman of the superannuation trustee board at Westpac / BT Westpac and Chairman of Allianz Retire+ (a joint venture company between Allianz and Pimco issuing specialist retirement products). David also sits on the Board of a major NSW government body – iCare.

Naomi is delighted to be joining Implemented Portfolios, saying “It’s exciting to be entering such an innovative organisation amidst a time of significant change in the financial services industry.

“I have a firm belief in the leadership and the whole team at Implemented Portfolios, as well as their philosophy towards the present and future of investment management and financial advice. Most importantly I’m a big believer the positive outcomes their unique service is bringing to advisers and their clients.”

Chief Executive and Chairman of the Board at Implemented Portfolios – Greg Kirk is extremely pleased to make this announcement, saying “Both appointments will add significant specialist skills to the Board and the Executive, at a critical time in the evolution of our business.”

“Importantly, Naomi and David do not only bring successful career experience – they share an unrelenting conviction for ensuring that our clients end up living their one best life though the services that Implemented Portfolio delivers.”

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Implemented Portfolio and netwealth launch new partnership.

Implemented Portfolios has today announced the launch of their IMA superannuation service in partnership with specialist platform provider, netwealth.

Under the new arrangement Implemented Portfolios will be offering a range of professionally managed portfolios, which utilise their trademark Dynamic Asset Allocation (“DAA”) approach, via their IMA service on netwealth’s Super Accelerator.

Santi Burridge, Managing Director of Implemented Portfolios commented:

“This is a great extension to our current service and one which has been sought after by our adviser network. We are pleased to be partnering with netwealth who can offer such a complementary technology solution to our IMA and which supports our tailored investment process.”

He continued:

“Over the last twelve months we have enhanced our offer significantly and are pleased with the interest and growth momentum we are experiencing from advisers and their clients.”

Executive Director of netwealth, Matt Heine, added;

“The Implemented Portfolio service is unique in the market place and the partnership allows a broader audience and client base to access their investment and implementation capabilities. The interest the combined offer has already generated is exciting and we look forward to developing it even further.”

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Greg has formerly worked right across the financial services industry in an executive career encompassing banking, trustee company, funds management and financial planning segments. Greg stepped down as Chief Executive of Genesys Wealth Advisers and the platform business Synergy Capital Management in December 2009, having executed the sale of these businesses from Challenger to AXA Australia earlier in June 2008.

Managing Director, Santi Burridge, said, “We welcome Greg’s wealth of industry experience as Implemented Portfolios faces a strong surge in growth. Our business has seen significant development and major expansion over the last year. Having a Board member of Greg’s calibre will provide depth and structure to our next phase.”

Commenting on his appointment, Greg said, “Implemented Portfolios’ unique investment philosophy, incorporating Dynamic Asset Allocation along with individual implementation via their IMA, has impressed me. A global trend has commenced whereby businesses are outsourcing investment management in order to build and run scalable, efficient and profitable businesses whilst obtaining the best outcome for clients. Implemented Portfolios has built a proposition that I believe can change the investment management landscape in Australia. I see that it has an offer that resounds particularly strongly with advisers and clients in today’s environment and am looking forward to contributing to its evolution”.

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