Managed discretionary account provider Managed Accounts has hired Tony Nejasmic as its new head of distribution.
Mr Nejasmic joins Managed Accounts from Calastone, which provides a global network for managed funds.
Managed Accounts chief executive David Heather said Mr Nejasmic's appointment followed a "rigorous due diligence process".
"Mr Nejasmic has worked over two decades in Australia’s wealth management sector, including as head of Macquarie Wrap and business development director at Calastone," Mr Heather said.
"He brings unmatched understanding of what advisers need to perform across every aspect of their business," he said.
Commenting on his new role, Mr Nejasmic said, "The MDA space is where we are likely to see significant growth and evolution in wealth management as technology delivers faster, safer and more customised solutions that meet the needs of advisers and their clients."