Xplore pulls product head from Perpetual

Xplore Wealth has hired Neil Gellett to look after the products the company plans to launch in the coming months.

Gellett has been head of product with Perpetual for nearly five years. He spent time with BT Financial Group where supported the retail and corporate super offerings for the business, and held analyst roles with Colonial First State and ING.

Xplore Wealth chief Mike Wright told Financial Standard that the company took a deliberate approach to finding the right candidate. "Neil's 21 years' experience in wealth management, including his expertise in managed discretionary accounts (MDA) and superannuation will be instrumental in supporting our clients across our entire business including our RSE, Aracon Superannuation.

"Neil's role and expertise will be vital as we progress with our aspiration of becoming the most valued provider to the Australian advice market."

Reporting from Eliza Bavin at Financial Standard contributed to this story.