Mr Lane had previously been director of wealth management for Pitcher Partners’ Brisbane office, a role he had held for over 10 years. He had also previously worked at a number of Brisbane-based firms including First Unity Wealth Management and Citi Smith Barney.

“We are delighted with the appointment of David to the role of Queensland state manager and senior investment adviser,” Ord Minnett head of private wealth George Deva said.

“David will bring to Ord Minnett a depth of wealth management and advice experience, which will serve to complement our growth trajectory in Queensland whilst maintaining our history of advice and service excellence to our private wealth clients.

“We continue to invest in recruiting high calibre investment professionals and advisers to continue Ord Minnett’s proud history and heritage of building wealth for generations of Australian investors.”

Commenting on his appointment, Mr Lane said he felt “excited” and “privileged” to be given the opportunity to lead the firm in Queensland.

“I have always respected the Ord Minnett business and have been impressed by the adoption of new technology and innovative thinking while retaining a respect for the heritage of the business,” he said.