Franklin Templeton Investments (Franklin Templeton) has hired Holly Old as a business development manager (BDM) within its retail advice distribution team.
Old will be based in the company's Melbourne office and will be responsible for relationship building with financial advisers in Victoria, South Australia and Tasmania.
Prior to joining Franklin Templeton, Old held the position of BDM at BlackRock and previously worked at Merrill Lynch Investment Managers.
Old's hire follows the company's recruitment of six staff to its advisory services team in the past year.
"The advisory segment of the market is a key area of focus for Franklin Templeton's strategy here in Australia," Franklin Templeton advisory services director Jim McKay.
"We are already seeing strong interest by dealer groups in our investment capabilities and I'm particularly pleased with the calibre of individuals we have been able to bring together as we continue to expand our servicing proposition for advisers."