Praemium appoints new head of distribution

Praemium is pleased to announce the appointment of Edward Caser as Head of Distribution.

Edward has over 12 years’ experience in the wealth sector, with a focus on platform administration and investment management. He held key roles with Aviva Global Investors and Vanguard Investments before moving to boutique portfolio administration firm Integrated Portfolio Solutions (IPS). IPS is a Praemium partner, using Praemium’s V-Wrap technology to administer client portfolios.

In his time at IPS Edward grew the business from start-up to more than $1 billion in funds under administration. He commented, “I had a very clear goal to grow IPS to a point of profitability and stability. Now that we as a team have accomplished this goal I believe it is a good time for me to take on a new challenge. I am very excited to make this move to Praemium, which I believe is on the cusp of making a significant impact in the financial services market in Australia and globally. I am impressed not only by their excellent product suite but also by the energy and commitment of the staff. I look forward to working with Michael [Ohanessian, CEO] and Andrew [Varlamos, Commercial Director] as we build our team to serve the growing adviser and broker market.”

Commercial Director Andrew Varlamos stated, “We are delighted that Ed has decided to join the Praemium team. He brings a wealth of experience and enthusiasm to the role, and we feel fortunate that he has made the decision to come across. Integrated Portfolio Solutions is an excellent business and a great long-term partner of Praemium’s, and we look forward to continuing this relationship.”