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Akambo Private Wealth appoints new chief operating officer

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By Owen Holdaway
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2 minute read

Steve Wallis has been appointed chief operating officer of Akambo Private Wealth.

Mr Wallis is currently a director of Andrews & Wallis Group, which owns and manages dealerships in the automotive industry in Sydney city and northern suburbs.

Mr Wallis will help to navigate Akambo Private Wealth through the new Stronger Super landscape and changes in the wealth management industry.

“The wealth management industry is going through a pretty exciting transformation as the big banks try to build scale at a time when we are seeing plenty of interest on self-managed superannuation,” Mr Wallis said.

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“With over $1.6 trillion held in superannuation in Australia, I think a company like Akambo is exceptionally well placed to make a big impact in an industry that is dominated by a few major players", he added.

Akambo Private Wealth is a Melbourne-based wealth management business, which focuses on financial planning, superannuation, and investment management.