Lonsec appoints Head of Wealth Management Sales

Lonsec has announced the appointment of Tony Nejasmic to the newly-created role of head of wealth management sales.

The appointment, according to Lonsec, is due to the expansion of the firm's managed accounts business, coupled with the growth of the iRate® research platform.

Lonsec CEO Charlie Haynes said: "Managed accounts are increasingly seen as a solution to many of the challenges facing advisers and they continue to gain acceptance. Lonsec is ideally positioned to take advantage of this development."

He added: "Our previously announced strategy to assist conflicted groups by taking over the investment management responsibility for their managed account solutions will be a key part of Tony's remit, together with extending our relationship with key wealth management institutions."

Nejasmic was previously head of distribution and marketing at managedaccounts.com.au (now Xplore Wealth), having joined the firm in May 2017. Before that, he spent 18 months as a business development director at Calastone and a further 15 years working at Macquarie Bank in a number of roles, including as division director.