Drummond hires from Ascalon, HUB24

Drummond Capital Partners has expanded its national team with two senior appointments, following the launch of its tailored investment solutions last year.

David Boyle joined the firm as head of asset consulting, based in Sydney, while Alexandra Scott has commenced as regional manager for Queensland, based in Brisbane.

As head of asset consulting, Boyle will work closely with advice firms and Drummond's investment team to develop and support investment solutions aligned with each firm's objectives and client needs.

Boyle joined from Ascalon Capital, where he was partner, consulting, working with independent financial advisers to build, launch and manage tailored managed accounts. He also served as portfolio manager at Lonsec and brings more than a decade of buy-side investment experience, including at AMP Capital, Drummond said.

Commenting, Drummond Capital Partners chief executive Tom Schubert noted Boyle's experience will allow the firm to continue fostering strong adviser relationships.

"David brings a valuable combination of hands-on experience managing money and a natural ability to build strong adviser relationships," Schubert said.

"His buy-side background brings depth and practical investment judgement to those conversations. Combined with his collaborative approach and passion for working with advisers, that makes him an excellent fit for Drummond and the advice businesses we partner with."

Meanwhile, Scott recently wrapped up his 10-year tenure at HUB24 as business development manager and will support existing advice partners and develop new relationships across Queensland in her new role.

"Alex has spent a decade working closely with advisers at HUB24 and brings a deep understanding of their businesses and the practicalities of implementing investment solutions," Schubert said.

"She shares our commitment to building enduring relationships and will play an important role in supporting our Queensland partners. Together, these appointments strengthen our ability to deliver the investment expertise, collaboration and ongoing support that advice firms need from us."

Schubert said the appointments reflect growing demand from advice firms seeking an investment partner that combines institutional investment capability with a collaborative and flexible approach.

"Expanding our offering to include tailored solutions has been an important step for Drummond. We've had an incredibly successful year and are proud to be partnering with some of Australia's best advice businesses," Schubert said.

"These firms have clear views about their clients, their investment proposition and the businesses they want to build.

"They value the depth and rigour of our investment capabilities, alongside our willingness to listen, collaborate and shape an approach together. Investing in our people is central to delivering on those partnerships as we grow."