|        About Good Returns  |  Advertise  |  Contact Us  |  Terms & Conditions  |  RSS Feeds

NZ's Financial Adviser News Centre

GR Logo
Last Article Uploaded: Wednesday, July 17th, 6:22PM



NZIER economist appointed by wealth management firm

Financial planning firm Stewart Financial Group has appointed NZIER economist Aaron Drew as its chief investment officer.

Tuesday, December 22nd 2015, 6:00AM

He will maintain his connection with the New Zealand Institute of Economic Research (NZIER) as part of the role.

Drew first joined the Hawkes Bay wealth management company's investment committee in November last year and, in his new capacity as chief investment officer, will oversee the $265 million of committed funds SG has under management across its Boutique Advisers Alliance business.

He says his new role involves working across the business on wealth management, KiwiSaver and adviser to adviser services. “I’m looking to bring on board the industry knowledge I have to add value to all those areas,” he said.

“Stewart Group runs a very credible wealth management operation and it’s an exciting opportunity to be part of that. SG is one of the few organisations in New Zealand to have Centre for Fiduciary Excellence (CEFEX),  accreditation, which indicates they are running a best practice organisation in the global sense.”

Director Nick Stewart said Drew would add value for investors.

SG’s investment committee oversees the design of portfolios for its wealth management clients as well as the two asset class KiwiSaver funds it manages in association with Grosvenor Investment Management Limited. There is now over $38 million invested in these funds.

Stewart said Drew's appointment would also benefit advisers who use the firm's Boutique Adviser Alliance.

This arrangement offers the firm's back office functionality to other fee-only New Zealand advisers.

There are six firms using the service.

“For both KiwiSaver and the BAA, this appointment adds a phenomenal depth of knowledge and mana to the engine of those two businesses. Advisers can have more confidence in the funds and service provided,” Stewart said.

Stewart Group recently received a discretionary investment management services licence.


Tags: investment

« New director for Plus4 Simon Fisher takes on CEO role »

Special Offers

Comments from our readers

No comments yet

Sign In to add your comment



Printable version  


Email to a friend


Tuesday, July 23rd 2024
Brightstar 20th Annual Financial Markets Law conference

Tuesday, July 23rd 2024
Quotemonster Roadshow 2024 - Taupo

Tuesday, July 23rd 2024
Financial Advice New Zealand Connect Tour - Dunedin

Wednesday, July 24th 2024
Quotemonster 2024 - Tauranga

Wednesday, July 24th 2024
Financial Advice New Zealand Connect Tour - Christchurch

Thursday, July 25th 2024
Quotemonster 2024 - Hamilton

Thursday, July 25th 2024
Financial Advice New Zealand Connect Tour - Palmerston North

Tuesday, July 30th 2024
Quotemonster 2024 - Auckland West

Wednesday, July 31st 2024
Quotemonster 2024 - Christchurch

Thursday, August 1st 2024
Quotemonster 2024 - Invercargill


News Bites
About Us  |  Advertise  |  Contact Us  |  Terms & Conditions  |  Privacy Policy  |  RSS Feeds  |  Letters  |  Archive  |  Toolbox  |  Disclaimer
Site by Web Developer and