Aura Group has hired Chris Faddy as its new director and head of distribution, to focus on growing its wealth and funds management businesses.
This follows the firm’s recent acquisition of 100% of the shares in licensee dealer group Australian Capital Financial Planning – after acquiring a 100% stake in Accountable Financial Solutions and TK Advisors over the past 12 months.
Prior to joining Aura Group, Faddy has over 25 years’ experience in financial services.
His most recent role involved him establishing a boutique asset management firm focusing on Australia and Asia, sourcing seed and working capital along with leading the sales and marketing function.
Prior to that, he spent almost seven years in Asia, initially as head of distribution for Spectrum, the managed accounts business of BNY Mellon, based in Singapore. He was also head of distribution for Credit Suisse Asset Management Asia and Barclays Capital Fund Solutions, covering institutional and intermediary clients across Asia and Australia.
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