Brisbane-based Arrive Wealth Management has appointed a former BT exec to the newly created head of investment strategy role.
Felix Stephen who was previously at the BT-aligned Advance Asset Management has been formally added to the investment committee.
Arrive director Brett Roberts said that the Brisbane firm had previously had input from various external specialists, but had formalised the position with the new role.
Mr Stephen has more than 45 years of experience in international banking, treasury, fixed income, foreign exchange and portfolio management.
He began with Advance in May 2004 as head of strategy and research until his retirement in April 2014.
Currently, Mr Stephen also serves as chairman of Volunteers to Assist Children with Disabilities – a charity he started with his wife in Sri Lanka in 2011.
Prior to migrating to Australia in 1987 from the UK, Mr Stephen was the manager, Treasury at the Bank of Ceylon London.
Arrive managing director John Kazakoff said Mr Stephen’s considerable experience will bring deep insights to the investment committee.
“Mr Stephen is known for his specialist knowledge and brings a strong network of key local and international contacts within the banking and finance industry. His addition to our investment committee complements our longstanding relationship.”