Capital Group appoints distribution head for Australia

Capital Group has appointed a new client relationships and distribution head for its Australian arm.
Jorden Brown will assume the new title of head of client, responsible for overseeing the global investment giant’s local distribution strategy and client relationships, including promotion of the firm’s products and services for Australian intermediaries and institutional clients.
Joining Capital Group in 2014, Brown was recognised for his “instrumental” role in growing the firm’s financial intermediary business in Australia and New Zealand over the last decade.
Prior to Capital Group, Brown served nine years at Perpetual, most recently as general manager of adviser distribution.
“Jorden’s appointment is a testament to his deep market knowledge, strong client relationships and commitment to Capital Group’s mission of improving people’s lives in Australia through successful investing,” said Tetsuya Koizumi, Capital Group’s head of client group, Asia Pacific.
Brown, Koizumi added, “will be instrumental in leading our well-regarded team as they continue to help our clients in Australia meet their long-term financial goals and support them with value-added services beyond investing”.
In addition to promoting the firm’s flagship global equity strategy, New Perspective, Brown flagged continued growth in Capital Group’s fixed income capabilities, backed by “dedicated on-ground expertise and resources”.
Capital Group oversees US$2.8 trillion ($4.4 trillion) in assets globally.
I think you are right but when they do drop off then there will be like just 11,500 (dummies) err…
A lot of those 3,459 are not practising advisers and never have been. They are paraplanners, BDMs, compliance officers etc…
ASIC charges licensees for the privilege of updating ASIC's records. And licensees often pass this cost on to the adviser.…
Well, I think you need to take into account both parties have contributed to the result. The Government and respective…
I suspect these 3,500 people are simply leaving a dying over-regulated , over-taxed industry. Very smart if they are.