Wilson HTM Investment Group (Wilson HTM) managing director Andrew Coppin has made a number of key changes to the listed financial services firm's executive leadership team.
Coppin told InvestorDaily he had doubled the number of staff on the executive team to 10 from five.
"I have moved to establish a new executive leadership team. There have been 10 people appointed to the executive leadership team," he said.
"Before under Steve Wilson there was a team of five, so I've doubled the size of that so that all areas of our business get represented."
As part of the changes, Wilson HTM yesterday informed staff Fortress Financial owner Dion Guagliardo would head its financial planning division.
"Dion had his own business called Fortress Financial and we merged that in with Wilson HTM and he's become the head of financial planning," Coppin said.
Other executive changes include the internal promotion of senior analyst Jackie Fernley to the role of head of research and head of equity capital markets Jamie Taylor to the position of head of corporate.
Coppin said the firm had also made a number of financial adviser appointments, including former Pattersons Securities adviser Ben Polkinghorne and former Macquarie Private Wealth adviser Andrew Wawn.
Both advisers are based in Sydney.
Meanwhile, Coppin said the business was working through the process of selecting a strategic partner for one of its boutique fund managers, Pinnacle.
He said an information memorandum was being sent next week to parties that registered interest.
"It's early. We're going through a process to see which interested parties would consider themselves as strategic investors in Pinnacle to help further fund its growth in the future," he said.
"We've appointed Grant Samuel to run that process. We're very confident that they'll do a very good job.
"I believe that there are a significant number of interested parties, but I can't give you a specific number and we look forward to going through that process."
Despite seeking a strategic partner, he said it remained business as usual with Pinnacle.
"We're continuing to grow Pinnacle and support its continued growth as we have over the last five years. So again nothing has stopped on our side," he said.
No decision had been reached as to the future of the group's structured products business, Next Financial, he said.
"Next Financial continues to service the needs of its clients. We've got structured products and other things running out until 2013, 2014," he said.
"We're assessing future possibilities and it's still all go."
