Praemium has appointed a former Netwealth executive to oversee its new SMSF administration and international SMA businesses.
Former Netwealth and Colonial First State platform executive Steve Thomas will join Praemium on 7 May as self-invested and international solutions manager.
Mr Thomas was previously the head of managed accounts strategy and development at Netwealth. Before that, he worked at Norwich Union Navigator and Avanteous (where he played a key role in the latter's development into Colonial First State Custom Solutions).
He was also involved in the development of the CFS Wealth Management wrap platform and FirstWrap.
Praemium head of product and marketing Mat Walker said: "Steve’s appointment is another example of how we are investing for current and future growth to support the evolving needs of our rapidly growing investor and adviser base."
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