People Moves
Macquarie Exec Relocates To Sydney For Private Wealth Unit
Macquarie Banking and Financial Services Group has
appointedEric
Schimpf as the new head ofMacquarie
Private Wealth in Australia.
Mr Schmipf joins the company fromMerrill
Lynch, where he was the regional managing director of the
Private Banking and Investment Group, focusing on
ultra-high-net-worth clients in the southeastern part of the US.
His new role entails the management of Macquarie Private Wealth's
425 advisers for clients across Asia, Australia and New Zealand.
The company manages relationships with around 232,000
clients.
"Eric has a strong track record of achievement from his days at
Merrill Lynch, and we believe his breadth of client-facing
experience and his strong leadership qualities are ideally suited
to Macquarie Private Wealth’s culture," commentedPeter
Maher, the head of Macquarie Banking and Financial Services
Group, in a statement.
Mr Schimpf and his family will be relocating to Sydney from
Atlanta, Georgia and is expected to assume his new post in the
next few months. He takes over fromPeter
Coleman, who resigned last year.
