Increased demand in managed accounts has prompted Quilla Consulting to appoint Steven Jessop as National Business Development Manager and Michael Lange as an analyst within its investment team.

Jessop will be responsible for leading the expansion of Quilla’s distribution across Australia, while Lange will focus on manager research and supporting Quilla’s portfolio managers.

“Our continued expansion is driven by the increasing demand by financial advisers for our public menu and customised managed account solutions, combined with our goal-based technology, Fincast, created for advisers to use with their clients,” said Quilla director, Andrew Connors.

“The Royal Commission is highlighting the need for advisory groups to have the freedom to comply with the ‘best interest’ duty. As part of this requirement, we expect to see more advisory groups access managed account platforms.”

Prior to joining Quilla, Jessop spent a decade working in the UK, where he was involved in raising capital from global institutions, family offices and wealth managers for managed funds. Before leaving for the UK, he spent 10 years in distribution roles in Australia, including with Macquarie, Suncorp and AMP.

Lange has over 16 years’ experience and joins Quilla from a large, boutique wealth management company. He specialises in investment manager research and portfolio construction.    

Quilla Consulting’s portfolios and customised private label solutions are now offered on four managed account platforms.