Netwealth distribution lead exits

The head of distribution at Netwealth has left the company.

The ASX-listed superannuation and investment solution provider has confirmed the departure of Nick Mitchell.

A Netwealth spokesperson confirmed Mitchell's resignation, citing personal reasons.

Mitchell led Netwealth's distribution efforts since January 2017, having joined from BT Investment Management - now Pendal Group - where he was a state manager for more than four years.

Prior to that, he was a senior business development manager at BNP Paribas Investment Partners.

Netwealth did not comment on Mitchell's replacement.

The platform provider was recently voted as the top platform by overall satisfaction in the Investment Trends Planner Technology Report for 2019, with 55% of users rating their overall satisfaction as 'very good'.

It also recently renewed its sponsorship of financial education platform Banqer for the third year running. The platform aims to boost the financial literacy of school children.

Read more: NetwealthNick MitchellBanqerBNP Paribas Investment PartnersBT Investment ManagementInvestment TrendsPendal Group
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