LGT Crestone hires advisers
High net worth advice firm LGT Crestone has further beefed up its advisory team after hiring 94 advisers last year.
Former JBWere executive director Amanda Hing has been appointed partner and investment adviser at the firm owned by the Liechtenstein-private wealth giant LGT,
She joins with over 23 years of experience specialising in multi-generational wealth, investment and stewardship strategies.
Before arriving LGT Crestone, Hing was a partner and head of family wealth advisory at Sayers, leading a team focused on family offices, executives, for-purpose organisations and families of wealth.
Earlier, she worked at JBWere for over 21 years leading the Family Advisory offering for family offices and ultra-high net worth individuals.
Hing also did a stint at Goldman Sachs.
Another new hire, Ashlea Somerset also arrives from Sayers.
Somerset joins as an associate adviser.
Before working at Sayers she worked as an associate at JBWere for more than 11 years where intergenerational wealth management strategies were her primary focus and acting as a key contributor toward conceptualising and delivering family advisory.
The two new senior advisers will be responsible for the private wealth management of ultra-high-net-worth and high-net-worth individuals, family offices and for-purpose organisations.
Both recruits will report to Michael Tritton, LGT Crestone's senior partner and head of advisory for New South Wales and Queensland.
Tritton welcomed the pair commending their strong, analytical capabilities in providing private wealth advice and enhancing investment outcomes.
"We are excited to welcome two such high-calibre female professionals to help us meet private wealth sector demand which we expect to continue growing in 2023. At LGT Crestone, gender diversity is a core focus, and we look forward to their valuable contributions as we accelerate our strategic growth plans in the new year."
The appointments follow a suite of new initiatives within the firm.
On 6 December, the Company announced its partnership with StepStone Group to launch SPRING, one of the first open-ended venture capital (VC) funds of its kind for Australian high-net-worth investors, which will be exclusively available to LGT Crestone clients until the end of the financial year.
The firm also launched its Lombard Facility, a true multi-currency, multi-asset class margin lending product.
"2022 has been a year of exceptional growth and change as we became part of the global LGT family. We've continued to see strong demand for best-in-class institutional style investments amongst high net wealth Australians, and our ability to deliver this in a number of areas has fuelled continued growth," said LGT Crestone's chief executive, Michael Chisholm.
