T. Rowe Price names new intermediary head

Binaya Dahal

Journalist

11 June 2026

T. Rowe Price has promoted longtime executive Heath Branigan to lead its Australian intermediary business, with a remit to deepen relationships across the country’s adviser network, dealer groups and strategic partners.

The $1.71 trillion asset manager said on Wednesday that Branigan, who joined the firm in 2011, stepped into the role on June 1. He will report to APAC distribution head Elsie Chan and also joins a member of T. Rowe Price’s APAC distribution leadership team.

“Australia is an important market for T. Rowe Price and we are well positioned to service and provide solutions to our clients in this market,” Chan said. “We look forward to building on the strong relationships Heath has established across the adviser community.”

Branigan has more than 29 years of experience in financial services across the UK and Australia, including 15 years at T. Rowe Price. The firm credited him with helping strengthen adviser relationships and grow its local footprint during his tenure.

Head of distribution for Australia and New Zealand Darren Hall said Branigan’s promotion recognised his “meaningful contribution” over more than a decade.

“He is highly regarded across the industry, with a strong understanding of the local advice landscape and the evolving needs of advisers,” he said. “These qualities make him well suited to guide the next phase of growth for our intermediary business.”

Upon appointment, Branigan said Australian financial advisers were operating in an “unprecedented period of structural change”, driven by shifting client expectations, demographic trends, rising portfolio complexity and pressure to deliver more personalised outcomes at scale.

He added that the firm has planned to broaden its strategic partnerships across the advice ecosystem, spanning advice practices, dealer groups, asset consultants and investment platforms.

“By directly leveraging our global insights and collaborating on tailored investment solutions, we are well placed to help Australian wealth management firms navigate these challenges with confidence,” Branigan said.