Elston expands distribution team

Mark Saad
MARK SAAD
Elston Asset Management Pty Ltd - Senior Business Development Manager
APPOINTMENT
ELSTON ASSET MANAGEMENT PTY LTD
Date: 25 June 2024
Position: Senior Business Development Manager
By Elizabeth Fry

Elston Asset Management has bolstered its business development team in New South Wales and ACT markets to keep pace with rising demand and to ensure that advisers are fully supported.

The account specialist has hired Mark Saad who has spent over ten years in financial services most recently at Hub24 and BT.

Saad - who began his career at MLC in customer service is keen to step into a new role with a growing brand.

"I loved being with HUB24 and growing with them from the early days. Now I'm excited to start a new chapter and be part of a small team who are really positive about the future," he said

Elston is a company with an impressive track record, and they have a great story to tell about not just their SMA offering but also their disciplined approach to portfolio management and the quality of their comms."

The manager's head of adviser services Mark Smith said he has worked hard to build a team with managed account experience and a genuine understanding of the challenges advisers face.

"Mark has the experience and the drive to support our clients across NSW and ACT. He loves helping people, getting to know their business, and getting a sense of how he can connect them to the right solutions.

"He's a great addition to our growing team."

Since 2011 - when Elston was established  -  the company has grown steadily.

In February, the investment manager recruited Jarrad Sundqvist from AMP where he had worked as a state manager for South Australia and West Australia.

Elston works with over 750 advisers nationally and provides managed account solutions across seven of Australia's leading wrap platforms. It delivers tax-aware, transparent and cost-effective Australian equity and multisector investment solutions.