ROOT
Mason Stevens appoints former Morgan Stanley executive as chief strategy officer
ROOT
Mason Stevens appoints former Morgan Stanley executive as chief strategy officer
Wealth management platform Mason Stevens has appointed Peter Mermelas as chief strategy officer to lead the company's expansion into the ultra-high-net-worth segment.
Mason Stevens appoints former Morgan Stanley executive as chief strategy officer
Wealth management platform Mason Stevens has appointed Peter Mermelas as chief strategy officer to lead the company's expansion into the ultra-high-net-worth segment.
Mermelas joins from Morgan Stanley, where he served as head of family office, bringing 25 years of experience in equity and fund derivatives, retirement solutions and investment strategies for ultra-high-net-worth clients.
The appointment follows Adamantem Capital's recent acquisition of Mason Stevens, marking a new chapter for the business under private equity ownership.
Mermelas will focus on identifying and accelerating growth opportunities, particularly developing relationships with Australia's growing number of family offices and their advisers.
"I'm thrilled to be joining Mason Stevens at such an exciting time in the company's history," he said.
"I have been impressed by their journey so far and believe there are plenty of opportunities to expand into new segments."
He highlighted the platform's investment capabilities as key to serving ultra-high-net-worth clients.
"I firmly believe they have the right combination of sophisticated investment offerings and knowledge to provide UHNW clients and their advisers with expert solutions," he said.
Mason Stevens chief executive Tim Yule welcomed the appointment as part of the company's commitment to hiring exceptional talent.
"Peter brings extensive experience in the financial services sector and a strong dedication to ensuring clients access the right investment solutions to reach their objectives," he said.
The integrated wealth management platform offers advanced investment solutions to financial advisers, enabling portfolio growth strategies for their clients.
Founded in 2010, Mason Stevens has experienced strong growth and now manages approximately $8 billion in funds under administration.
The company employs more than 80 staff nationally with offices in Sydney and Melbourne.
Mermelas previously held senior roles at UBS for over eight years, as well as positions at Merrill Lynch, Westpac Institutional Bank and Commonwealth Bank.
His career includes roles as investor educator and media presenter, appearing on Channel 10 News, ABC's Business Breakfast, Sky News and CNBC to provide market and economic insights.
He brings expertise across debt capital markets, derivatives solutions, family office services, structured products, specialist lending and acquisition strategies.
Mermelas holds ASX accreditation as a derivatives adviser and a diploma in financial planning.
Mason Stevens positions itself as more than an administration platform, combining technology with investment specialist support to deliver sophisticated investment solutions.
The company focuses on investor portfolio outcomes and forming partnerships with clients to unlock growth opportunities for wealth practices.
RELATED ARTICLES
Invest
Good Return launches $10 million fund to support women entrepreneurs across Asia-Pacific
Social purpose organisation Good Return has launched a second Impact Investment Fund targeting a $10 million capital raise to support women-led businesses in developing Asia-Pacific economies. Read more
Invest
Australian investors flock to US stocks and crypto after Trump victory
Trading volumes in US equities surged 20 per cent on Australia's second-largest share trading platform following Donald Trump's election victory last month, as local investors sought to capitalise on ...Read more
Invest
Investment firm raises $9bn for global special situations fund
Bain Capital secured $9 billion for its latest Global Special Situations Fund, positioning the firm as one of the world's largest special situations investors. Read more
Invest
Morrison Securities unveils plug-and-play global trading access to 15 countries
Equities clearing firm Morrison Securities has partnered with trading technology provider ViewTrade to introduce one of Australia's first plug-and-play global trading solutions, enabling streamlined ...Read more
Invest
Institutional investors react positively to policy stimulus in September
State Street Global Markets has reported a rebound in institutional investor risk appetite in September, driven by supportive policy announcements from central banks. Read more
Invest
AMP partners with Striver for Brimstone event to attract new financial advisers
AMP has announced a partnership with advice community and careers technology platform Striver for the annual Brimstone event series, scheduled to take place in Sydney next week. Read more
Invest
North expands managed portfolio options with new customisation features
North, a leading Australian wrap investment platform, has announced an expansion of its customisation options for managed portfolios, aiming to provide advisers with greater flexibility for their ...Read more
Invest
State Street partners with Taurus to expand digital asset capabilities
State Street Corporation has announced a strategic agreement with digital asset infrastructure provider Taurus SA to enhance its digital asset offerings for institutional clients. Read more
Invest
Good Return launches $10 million fund to support women entrepreneurs across Asia-Pacific
Social purpose organisation Good Return has launched a second Impact Investment Fund targeting a $10 million capital raise to support women-led businesses in developing Asia-Pacific economies. Read more
Invest
Australian investors flock to US stocks and crypto after Trump victory
Trading volumes in US equities surged 20 per cent on Australia's second-largest share trading platform following Donald Trump's election victory last month, as local investors sought to capitalise on ...Read more
Invest
Investment firm raises $9bn for global special situations fund
Bain Capital secured $9 billion for its latest Global Special Situations Fund, positioning the firm as one of the world's largest special situations investors. Read more
Invest
Morrison Securities unveils plug-and-play global trading access to 15 countries
Equities clearing firm Morrison Securities has partnered with trading technology provider ViewTrade to introduce one of Australia's first plug-and-play global trading solutions, enabling streamlined ...Read more
Invest
Institutional investors react positively to policy stimulus in September
State Street Global Markets has reported a rebound in institutional investor risk appetite in September, driven by supportive policy announcements from central banks. Read more
Invest
AMP partners with Striver for Brimstone event to attract new financial advisers
AMP has announced a partnership with advice community and careers technology platform Striver for the annual Brimstone event series, scheduled to take place in Sydney next week. Read more
Invest
North expands managed portfolio options with new customisation features
North, a leading Australian wrap investment platform, has announced an expansion of its customisation options for managed portfolios, aiming to provide advisers with greater flexibility for their ...Read more
Invest
State Street partners with Taurus to expand digital asset capabilities
State Street Corporation has announced a strategic agreement with digital asset infrastructure provider Taurus SA to enhance its digital asset offerings for institutional clients. Read more
