FinClear expands team with four new hires

Nick Avery
NICK AVERY
FinClear Pty Ltd - Head of Equity Solutions
DEPARTURE
BRIDGES FINANCIAL SERVICES PTY LIMITED
Date: January 2018
Position: Head of Stockbroking
APPOINTMENT
FINCLEAR PTY LTD
Date: January 2019
Position: Head of Equity Solutions

FinClear, the Australian clearing, settlement and wealth management technology and service provider, has announced it has expanded its team with four new hires, including the appointment of Nick Avery as head of equity solutions.

Avery joins from Bridges Financial Services where he was most recently head of stockbroking.

In his new role, he will drive innovation across managed account, equity trading and back office systems, FinClear said.

The other new appointees are:

* Peter Martin, who, after 14 years at State Street and more than 23 years in the industry, has been appointed as an equity finance trader;
* Allan McGregor, who joins as head of sales and business development from AstraZeneca and has 14 years' experience in sales and team leadership; and
* Colwyn Eckles, who will head up the firm's portfolio review function following roles at Mercer, ANZ and boutique practices.

Commenting on the expanded team - which FinClear said has grown 120% in the last 12 months - managing director David Ferrall said: "We are lucky that a lot of really great people from the wealth management industry decided to join us, despite being the 'new kids on the block.'"

He added: "We're not slowing down at all, and we expect to grow significantly more this coming year."