Four months after his departure, Vanguard fills George Vassos' old shoes.
Fund manager Vanguard has hired Brett Mennie as the national sales manager for adviser sales.
Mennie replaces George Vassos who left in April after nine years with the company.
In the job, Mennie will be responsible for building the adviser business and managing the sales team which includes five business development managers and two business development associates.
He will report to Vanguard's head of retail sales and strategy Terry Williams.
Mennie previously worked with financial services company Axa as the state financial planning manager where he developed Axa's adviser network, expanding the business to include 300 financial advisers. He has also worked for Perpetual Funds Management as a business development manager.
Mennie will begin his job with Vanguard in mid-October.
Not so long ago the average industry fund employed one chief executive and, perhaps if they were lucky, someone to lend a hand with making the tea.... read more »
Home delivered!
Daily news, weekday mornings
Get the day's news delivered direct to your inbox. Register here (it's free!) and choose 'yes' to receive the InvestorDaily newsletter.
Unisuper appoints TAAM »
Industry fund Unisuper has appointed boutique asset manager Treasury Asia Asset Management to a $151.1 million mandate.
LGSS adds $41m to direct property »
Industry superannuation fund the Local Government Superannuation Scheme has bought a Sydney office building for $41 million.
While conflict of interest has stopped advisers receiving more by referring one product over another, volume bonuses continue to exist and are typically distributed in a more equitable way between dealer group and adviser.... read more »
