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Milford adds new BDM

Milford has appointed a new business development manager to its Intermediary team.

Wednesday, March 16th 2022, 12:53PM

Andre Makarevich joins Milford after nine years working in financial markets, most recently as a business development executive for Schroders UK.

He will be responsible for servicing Milford’s Intermediary clients, working alongside Michael Robson, the Head of Intermediary Distribution, to support and grow these relationships.

Robson, said; “We are delighted to have Andre join the team to support the growing number of financial advisers using Milford’s Investment Funds and KiwiSaver Plan. Milford’s intermediary channel has seen record new business with $400 million net new business over the past 12 months.

"This is the result of more financial advisers selecting Milford’s actively managed investment solutions to support their clients in achieving their goals.”

“Milford is one of the investment managers of choice for New Zealand’s financial advisers. Advisers have long supported our investment fund solutions but more recently our KiwiSaver Plan has been incredibly popular. Over 100 Financial Advice Providers now provide financial advice alongside Milford’s KiwiSaver Plan."

Robson says Makarevich’s experience and knowledge will help Milford provide a high level of service across a number of its adviser relationships.

Milford’s Intermediary channel offers a KiwiSaver Advice Facilitation Service that provides advisers with the ability to charge an advice fee in conjunction with Milford’s KiwiSaver Plan. The service was launched two and half year ago and Milford now has more than 100 agreements in place with FAPs to use this service.

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