Partners Wealth Group appoints Fraser Herd to lead wholesale investments business, Partners Private
Partners Wealth Group (PWG), one of Australia’s leading diversified wealth management businesses has appointed Fraser Herd as Head of Partners Private, its wholesale investments business. In this role, Herd will oversee the development and expansion of PWG's exclusive and high-quality private investment opportunities for clients and partner businesses.
Herd brings over 25 years of experience in the financial services industry, having worked with some of Australia’s largest banks and private wealth managers. He has held senior positions at Westpac Private Bank, Credit Suisse Private Bank Australia, and Macquarie, where he developed expertise in delivering bespoke financial solutions for high-net-worth (HNW) clients.
"Fraser’s appointment marks an exciting new chapter for Partners Wealth Group," said Mathew Cassidy Managing Director at Partners Wealth Group. "His extensive experience and proven leadership in private wealth management are a perfect fit for our strategy as we continue to grow and offer innovative private investment opportunities to our clients."
Herd’s career has focused on designing and implementing investment and distribution frameworks, enabling access to wholesale private investments both within Australia and internationally. With his wealth of experience in investment management, client relationships, and senior management roles, he is well-equipped to drive the future success of Partners Private.
“I am thrilled to join Partners Wealth Group and lead the development of our Partners Private division,” said Herd. “The opportunity to provide clients with access to exclusive, high-quality private investment solutions is an exciting one, and I look forward to working with the team to help our clients achieve their financial goals.”
Herd is a qualified Chartered Accountant (Scotland) and holds a bachelor’s degree in modern languages. His diverse background and international experience will be invaluable as he leads the Partners Private team in delivering exceptional value to clients.
Cassidy added: "Fraser’s deep understanding of private wealth management and his commitment to client-centric solutions make him the ideal leader to drive the continued success and growth of Partners Private. We are confident that his leadership will significantly enhance the value we provide to our clients."
Herd’s appointment further strengthens Partners Private’s capability, joining experienced professionals such as Graeme Bibby, CIO and James Tomkins OAM.
Partners Private has built a strong foundation as a leading wholesale investment business.
Since launching in 2021, Partners Private has brought more than 40 wholesale investment opportunities to clients, totalling more than $500m in FUM, and spanning a range of asset classes including property, private equity, debt, infrastructure and other alternative assets.
For media enquiries, please contact:
Kate Peters
Head of Marketing
kpeters@pwg.com.au