Amanda Hing

LGT Crestone follows a strong year of growth with the appointments of Amanda Hing to Partner & Investment Adviser, and Ashlea Somerset to the role of Associate Adviser.

Throughout 2022, LGT Crestone continued to expand its national footprint, boasting 313 employees, including 94 investment advisers, across sites in Melbourne, Brisbane, Sydney and Adelaide.

Senior Advisers Amanda and Ashlea will be responsible for the private wealth management of ultra-high-net worth and high-net worth individuals, family offices and for purpose organisations, and collectively bring over 38 years of deep experience in financial markets and leadership roles.

They will be based in Sydney and they will report to LGT Crestone’s Senior Partner and Head of Advisory, NSW & QLD, Michael Tritton.

Michael Tritton welcomed Ms Hing and Ms Somerset, commending their strong, analytical capabilities in providing private wealth advice and enhancing investment outcomes.

“We are excited to welcome two such high-calibre female professionals to help us meet private wealth sector demand which we expect to continue growing in 2023. At LGT Crestone, gender diversity is a core focus, and we look forward to their valuable contributions as we accelerate our strategic growth plans in the new year.”

The appointments follow a suite of new initiatives within LGT Crestone.

On 6 December, the Company announced its partnership with StepStone Group to launch SPRING, one of the first open-ended venture capital (VC) funds of its kind for Australian high-net-worth investors, which will be exclusively available to LGT Crestone clients until the end of the financial year.

The Company also launched its Lombard Facility, a true multi-currency, multi-asset class margin lending product.

“2022 has been a year of exceptional growth and change as we became part of the global LGT family. We’ve continued to see strong demand for best in class institutional style investments amongst high net wealth Australians, and our ability to deliver this in a number of areas has fuelled continued growth,” said LGT Crestone’s Chief Executive, Michael Chisholm.

Aanda Hing

Amnda joins LGT Crestone with over 23 years of experience specialising in multi-generational wealth, investment and stewardship strategies.

Prior to joining LGT Crestone, Amanda was a Partner and Head of Family Wealth Advisory at Sayers, leading a team focused on family offices, executives, for-purpose organisations and families of wealth.

Before her role at Sayers, Amanda worked at JBWere and Goldman Sachs for over 21 years, including as an Executive Director leading the Family Advisory offering for Family Offices and ultra-high net worth individuals.

Amanda said she is looking forward to enhancing wealth solutions for clients at LGT Crestone, drawing upon the deep global expertise across the group and one of Europe’s enduring and successful royal families with 900 years of tradition, stability and entrepreneurial spirit; which is values-focussed and forward-looking for generations.

“I’m passionate about bringing deep stewardship lessons from centuries of wealth held across Europe and the USA, adapted for our times. I look forward to partnering with clients and prospects to help them find impactful solutions that deliver tangible outcomes aligned to their purpose,” she said.

Ashlea Somerset

Ashlea joins LGT Crestone with over 15 years of experience specialising in well considered wealth management strategies and investment solutions servicing wealthy individuals, businesses and family offices.

Her most recent role as a Partner at Sayers saw her manage a high quality and complex portfolio of clients using a bespoke approach.

Prior to her role at Sayers, Ashlea worked as an Associate at JBWere for more than 11 years where intergenerational wealth management strategies were her primary focus and acting as a key contributor toward conceptualising and delivering Family Advisory.

Commenting on her appointment, Somerset said, “I am committed to achieving the best outcomes for my clients and navigating the dynamic relationships of unique family groups and their family office. It will be a privilege to build on LGT Crestone’s strong foundation, by engaging with clients across the country, to deliver investment solutions that ensure their financial objectives are met,” she said.

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The new appointments bring the firm’s total national adviser base to 91.

Commenting on the expansion, Michael Chisholm, chief executive of Crestone said that over the past several years, the Crestone client base in Queensland had grown, demanding the establishment of an expanded Queensland presence.

Shane Fisher has 28 plus years’ experience in Financial Services with a diverse background and joins Crestone from Westpac Private Bank and St George Private Bank. A former Director for Global Investment Services with the Westpac Group, Mr Fisher has extensive investment experience across all traditional and alternative asset classes, dealing with boutique and private wealth businesses, private banks, foreign investment banks, HNW clients and family office investors.

John Paul Geribello joins Crestone from Westpac Global Investment Services, where he was an Investment Director, responsible for the implementation and delivery of the direct wealth proposition for self-directed clients of Westpac Private Bank and St George Private across Queensland. With over 20 years’ financial services experience, Mr Geribello has a proven track record in providing investment advice, opportunities, insights and thought leadership to Institutional, Corporate, Family Offices and HNW investors on their investment strategies and risk management of traditional asset classes, structured solutions and alternative investments.

Darryl Wasserman is a financial services specialist with over 19 years’ experience in the banking and communications sector. Mr Wasserman joins Crestone from Westpac Private Bank where he was previously a Private Banker providing specialised service and advice to some of Queensland’s wealthiest families. Mr Wasserman has a double degree in Finance and Economics and is passionate about delivering exceptional outcomes for his clients.

Chris Mackenzie has 19 years’ experience and joins Crestone from ANZ Private, where he was a Private Wealth Adviser. He provided wealth management services through provision of retail and wholesale personal advice on structuring and investments to HNW families and individuals.

Simon Rogers joins Crestone from Perpetual Private, where he was a Partner, responsible for leading a high-performance wealth management team in the provision of both retail and wholesale advice. He has been providing personal advice to private clients for almost 15 years: his clients have included charitable foundations, wealthy families, not-for-profit organisations, medical specialists, successful business owners, landowners, senior executives and entrepreneurs.                                              

Jason Poppi has 10 plus years’ experience and joins Crestone from NAB Investor Sales, where he was previously an Associate Director. In this role, Mr Poppi was responsible for building and managing a portfolio of HNW investors and has a proven track record of building deep relationships with HNW and UHNW families. 

All new hires will report directly to Michael Tritton, Head of Advisory for NSW, QLD and SA.

Commenting on the new appointments, Mr Tritton said that the competency within the team reflects a continuing desire to deliver unparalleled insights and investment solutions to business owners, the not-for profit/charitable sector, HNW individuals and their families in Queensland.

“The new advisers are welcome additions to our growing team. Crestone offers global, multi- asset class portfolio construction and management solutions and we are confident the expertise these six advisers possess will complement our existing business and offering.”

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Crestone is pleased to confirm eight new appointments completed in the latter part of 2019, bringing the total adviser base in the firm to 80.

The appointments reflect a desire to deliver unparalleled insights and investment solutions to clients, and underscore Crestone’s unique owner operated and product agnostic business model as an attractive destination for advice professionals.

Earlier in 2019, Paul Shalhoub, Duane O’Donnell, John Taylor and Elliott Greenberg were appointed as Investment Advisers in Crestone’s Sydney offices. Shalhoub joined Crestone from Commonwealth Bank of Australia (CBA), where he was an executive manager in the private banking business.

O’Donnell, Taylor and Greenberg were previously relationship managers at Credit Suisse Private Banking.  In October, Rachel Etherington joined from a Sydney-based family office.

All will report directly to Michael Tritton, Head of Advisory for NSW and Queensland.

Commenting on the appointments, Tritton said the combination of depth of experience and alignment of interests between advisers and clients were key determinants.

“Delivering the best investment-led offering for clients was instrumental; a focus on client outcomes, an owner-operated partnership, a well-resourced CIO team, some of the best strategic relationships, alongside truly global investment opportunities and a strong governance pedigree really made Crestone an exciting choice for these advisers,” he said.

Jaime Sanqui also joined Crestone’s Melbourne office from a previous role as investment adviser with CBA Private Office. Sanqui reports to Crestone Head of Advisory for Victoria, Adam Ginnivan. In December, Greg Tripis joined from CBA, along with Nick Mandie from Ord Minnett.

The new advisers bring a combined 150-plus years of experience in the ultra-high net worth advisory space, which further adds weight to Crestone’s already strong reputation in the market, Ginnivan said.

“It is a testament to our business model that Crestone can attract advisers of this calibre. Each was looking for specific qualities in their next business opportunity. Crestone was able to clearly demonstrate these attributes, making the decision to join us an easy one,” Ginnivan said.

In addition to new hires, Crestone has promoted a number of its existing staff to more senior advisory positions. Amy Low, Mat Camillieri and Dan Chang have been appointed to the role of Investment Adviser, while William Nason, Joel Edmondson and Blake Single have become Associate Advisers.

Clark Morgan, Vice Chairman and Head of Strategy and Development added, “Being able to hire externally and promote internally says a lot about the attractiveness of our business and the opportunities available to our current employees. Organic and inorganic growth within key client-facing roles supports our vision to be the first-choice advisory firm for wealthy Australians.”

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