Six Park has formally announced it has appointed Danielle Press to its board of directors.

Danielle is a former CEO of Equipsuper, former CEO of Myer Family Company (MFCo) and also spent 17 years at UBS Global Asset Management, including as managing director.

Six Park CEO Patrick Garrett said the robo-advisor was thrilled to welcome Danielle as the company’s first female board member.

“Danielle brings a wealth of asset management experience and judgment to Six Park’s digital investment service,” said Mr Garrett.

“Danielle has a very nuanced understanding of how robo-advice complements the wealth management landscape in Australia, and her expertise brings even greater depth to our board of directors.

“Six Park’s board and Investment Advisory Committee offer unique oversight to our highly automated investment service. The combination of human expertise with our algorithms and technology mean we offer a smart way to invest at low cost.”

Danielle said she was excited about joining Six Park and sees huge potential in robo-advice as part of Australia’s wealth management landscape, particularly in the climate created by the Banking Royal Commission.

“Robo-advice removes the conflict that exists in many forms of financial advice,” she said.

“Six Park is leading the way in giving Australian investors a trustworthy, professional alternative to that conflicted model, which is coming under increasing pressure.”

As the CEO of MFCo, one of the country’s largest multi-family offices, Danielle led the company’s development across its five business lines: trustee services; tax and accounting; investment management and governance; philanthropy; and family succession.

Before joining MFCo, Danielle was the CEO of Equipsuper, a mid-sized profit-for-member superannuation fund. Part of the services delivered to members of Equip was a full service financial planning business offering advice across super, non-super and aged care.

Before joining Equipsuper, Danielle was Managing Director and Deputy Head of the Australia for UBS Global Asset Management. Over her 17 years at UBS, Danielle spent time in Australia, Singapore and Chicago and has had experience in money management, client management, product development, risk and strategic planning.

Danielle is currently a member of the Investment Committee for Deakin University and FARE and also works with her own charity, Loki’s Lodge, a not-for-profit organisation dedicated to the prevention of animal cruelty and re-homing of unwanted farm animals.

Click here to read more about Six Park’s management team.

Published July 23, 2018