Legg Mason has announced the appointment of the firm's National Key Account Manager and Head of the newly opened Sydney office.
With over 20 years of experience in the finance industry, Matt Stovold joins Legg Mason having worked recently at Private Wealth Management firms such as UBS Wealth Management, where he was a Managing Director, & JBWere Private Wealth Management where he was the Head of Advice.
In his new role Stovold will be reporting to Head of Sales, Beau Titchkosky, and will have responsibility for driving retail distribution and key partner relationship management across New South Wales and Queensland, as well as heading the Sydney based office, the firm said in a media release.
Legg Mason’s business model involves nine separate active funds management firms encompassing the full range of asset classes and styles. Total assets under management were $942 billion Australian dollars as at 28 February 2017.
Significant Business Enhancements
Prior to holding these positions, Stovold built his career within Asset Management at Goldman Sachs JBWere where he was a partner of the firm and the Head of Retail within the asset management business. In this role he was responsible for delivering profitable outcomes for the business and managing key relationships for the firm.
«The opening of our new Sydney office and the appointment of Matt Stovold reinforces our commitment to the market. In recent months we have made significant enhancements to our business including the broadening of our fixed income product set, increased advertising to raise awareness of our multi-affiliate investment offering and the appointment of Felicity Nicholson to lead our marketing team,» said Andy Sowerby, Country Head for Legg Mason.
Sowerby is also a relatively new addition to the business having moved to take up the Country Head role late in 2016.
