Aura appoints new head of distribution

Having recently boosted its financial planning network through an acquisition, Aura Group is also welcoming a new head of distribution.

Chris Faddy joined Aura in May from Vantage Point Asset Management, where he was head of distribution and client relations. Prior to that, he was head of distribution at BNY Mellon, head of distribution Asia ex-Japan at Credit Suisse, and head of distribution at Barclays Capital Fund Services.

He has also held senior roles at Goldman Sachs JBWere, Skandia Australia, Permanent Trustees and BT Financial Group.

Faddy said he was "looking forward to being part of this rapidly growing business and the opportunity to deliver unique products to meet their needs."

As above, Aura also recently acquired 100% of the equity in Australian Capital Financial Planning, along with Accountable Financial Solutions and TK Advisors.

Commenting on both Aura's expansion and Faddy's appointment, Aura head of funds and wealth management Craig Mowll said: "With almost 100 authorised representatives nationally and a growing funds management business specialising in private equity and credit, it was a perfect opportunity for the Aura Group to add such a highly experienced professional to grow the business."

Read more: Aura GroupChris FaddyAccountable Financial SolutionsAsia ex-JapanAustralian Capital Financial PlanningBarclays Capital Fund ServicesBNY MellonBT Financial GroupCraig MowllCredit SuisseGoldman Sachs JBWerePermanent TrusteesSkandia AustraliaTK AdvisorsVantage Point Asset Management
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