A $2.1 billion boutique asset manager has appointed a distribution professional who will focus on family offices as the firm continues to expand its team.
Warakirri Asset Management is welcoming Stuart Devlin to its Melbourne office.
In the newly-created role, Devlin will develop key relationships in the Australian private wealth market, acting as Warrakiri's head of family office and independent financial advisers (IFAs).
In his most recent role, Devlin was Franklin Templeton's head of IFAs and family offices. Prior to this, he was ING Investment Management's head of retail sales.
Devlin has about two decades of experience in the financial services industry.
Warakirri's chief executive and managing director Jim McKay said: "Stuart's appointment will enable us to further expand the service we provide to high-net-worth advice firms and family offices and we are delighted to appoint a person of his calibre to this senior role."
Warakirri has investment capabilities in agriculture, ethical investing in Australian and global equities and multi-manager portfolios.
It works in partnership with Mesirow Financial to deliver passive and active currency solutions and US multi-family real estate opportunities to Australian investors.
Devlin started in the role on Monday.