Investment consultancy bfinance has added a new senior strategic adviser to support the growth of the company’s operations in Australia.
Gerald Parlevliet will be taking the role, working with bfinance Australia director Frithjof van Zyp and senior associate Vishal Sharma.
Mr Parlevliet will be working to enhance bfinance’s services for major institutional investors in Australia, including superannuation funds, endowments and foundations, family offices and insurers.
The business said it is expanding to cater for increasing demand for specialist advisory support in a rapidly changing industry landscape.
It also noted “escalating concern about conflicts of interest within the investment consulting world.”
Director Mr van Zyp commented: “Through this period the industry has undergone significant change and continues to face pressures; it is essential that we think ahead to how investors’ needs will evolve.”
“We are delighted to work with Gerard Parlevliet. His unwavering focus on member outcomes and substantial experience working for super funds will help us to develop our services and add value for our clients.”
Mr Parlevliet has more than 28 years’ experience in the superannuation sector, previously working as chief investment officer at Commonwealth Bank Group Super.
He currently holds non-executive roles for institutions including Prime Super, La Trobe financial and the CBHS Health Fund and also volunteers on various committees for the Association of Superannuation Funds of Australia (ASFA).
“I am pleased to be joining the bfinance team. Having been a client in my former role at a super fund, I have experienced first-hand the value that this firm can bring to investors,” Mr Parlevliet said.
“I am looking forward to helping them develop and introduce innovative solutions to the rapidly changing Australian investment market.”
Sarah Simpkins is a journalist at Momentum Media, reporting primarily on banking, financial services and wealth.
Prior to joining the team in 2018, Sarah worked in trade media and produced stories for a current affairs program on community radio.
You can contact her on [email protected].
MLC Asset Management has announced the appointment of a new head of institutional distribution. ...