Kalgoorlie-based Goldfields Money has named former broker Simon Lyons as its new chief executive, concluding a lengthy board renewal process, which began three years ago when the company listed on the ASX.
After 20 years in the stockbroking business, Simon Lyons stepped away from equities to enter the fixed income sector as a director of specialist group FIIG, offering an alternative for investors and an option to bank finance for business.
Market speculation has pinpointed Perth-based stockbroker Blackswan Equities as the acquisition target of bigger, listed Western Australian rival Euroz, which went into a trading halt today.
THE local office at newly formed Morgan Stanley Smith Barney has been given a mandate to ramp-up its private client adviser numbers, as Perth's broking sector settles into its new look.
PERTH'S stockbroking scene has undergone some major changes over the past year as the sector repositions itself to take advantage of growing market confidence.