Mr Hand has over 40 years of experience in financial markets and is also on the board of the ASX-listed Absolute Equity Performance Fund and fintech start-up OpenInvest.
Shannon Bernasconi, co-founder and managing director of WealthO2 said the appointment comes as the platform passes the $1.5 billion mark, reflecting the growing demand for low cost, unconflicted platform alternatives.
“His knowledge and expertise will be invaluable as WealthO2 enters the next phase of its development, bringing its low cost and unconflicted alternative to traditional wrap services to the broader adviser community,” Ms Bernasconi said.
“This will become increasingly relevant in a post-royal commission environment, where the expectations from financial advisers on the ability for software and platform providers to act transparently and with integrity have substantially increased.”
Mr Hand’s appointment follows WealthO2’s appointment last month of Phil Anderson to the newly created role of national business development manager.
