HUB24 head of strategic sales jumps to Praemium

HUB24's former head of strategic sales has taken a similar role at Praemium. Shane Muscat made the move after nearly three years with HUB24. He previously was the head of institutional sales at Colonial First State for more than 15 years.

Muscat is joined by Dale Wright, a former national sales manager at Centrepoint Alliance.

"We are very pleased to have Shane and Dale join the Praemium Sales Team and add further experience to the team which has steadily attracted experienced, senior talent as part of a strategic investment in sales over the last two years to support the growing base of advice firms embracing Praemium's Platform of Everything," said Praemium's chief commercial officer Mat Walker.

"Shane brings a great understanding of the needs of large and small IFA firms from his time at HUB24 and Colonial First Wrap and will work closely with me and our Head of Distribution, Martin Morris, to further build our footprint in the market."

Muscat said his decision to join the organisation was based on the brand growth and momentum Praemium has shown in recent times. "I took my time in looking for a new direction and Praemium's market-leading proprietary technology, institutional-grade tax engine, and capability to handle managed accounts, across both custody and non-custody, puts Praemium ahead of what others are aspiring to do for Private Wealth and IFA firms."