T. Rowe Price expands Aussie wealth presence with internal promotion

InvestorDaily

T. Rowe Price has elevated a long-serving executive to oversee adviser and platform relationships as it looks to deepen its presence in the Australian wealth market. The asset manager has promoted Heath Branigan to head of intermediary for Australia, placing him in charge of the firm’s relationships with financial advisers, dealer groups, platforms and strategic partners. Branigan assumed the role on 1 June and will lead the asset manager’s intermediary business locally while joining its Asia-Pacific distribution leadership team. 

He reports to Elsie Chan, head of APAC distribution at T. Rowe Price. The appointment comes as fund managers continue to compete for distribution opportunities across the advice market, with adviser engagement and platform access remaining key priorities for global investment firms operating in Australia. Branigan joined the firm back in 2011 as a relationship manager and, prior to his promotion, worked with financial institutions as a business development manager.

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