Aspinall leaves IWL
30 January 2008 | by George Liondis
Former IWL general manager, marketing, Ian Aspinall has announced his departure from IWL, after four years with the firm.
Aspinall was both divisional operating officer retail wealth and the general manager, marketing, overseeing retail and wholesale business development.
His position was made redundant shortly after IWL was bought by the Commonwealth Bank ofAustralia late last year.
According to Aspinall, the split with CBA was completely amicable.
“My leaving was in good spirit, there are absolutely no hard feelings,” he said.
“I have actually recently been invited to participate in a side project, but it’s nothing I can speak of at this time. My plan is to take the next two months off and relax, while looking for the next opportunity.”
Thirty-six-year-old Aspinall started at IWL in 2003 in senior business development before rising in the ranks to become divisional operating officer.
IWL launches wrap product as merger date looms
By Kate Kachor
Wednesday 7 November 2007
Listed wealth management firm IWL has rolled out a new portfolio administration and tax reporting service two days before a decision on whether its merger with Commonwealth Bank of Australia (CBA) will proceed.
A court decision on the proposed merger between IWL and CBA is expected tomorrow.
The new product, Virtual Broker Wrap, is the result of the integration of IWL’s Echelon portfolio offering and financial services broking product, Virtual Broker.
“Technically it’s an IMA [individually managed account]. Investors who operate through a financial planner or an accountant or wealth manager retain their own HIN [holder indentification number], with the exception of wholesale managed funds, all the assets remain in their name,” IWL general manager whole and retail business development Ian Aspinall said…more
ASX goes mobile with first dedicated share trading site
First to market ahead of CommSec or E-Trade
Sandra Rossi 12 October, 2007 11:41
IWL Limited announced today that its online stockbroking business, Sanford Securities, has launched Australia’s first dedicated mobile share trading Web site for both 2G and 3G Internet enabled mobile phones and PDA’s.
Know as “Sanford2GO” the service is available to all existing Sanford members using Internet enabled mobile device such as iMate, Samsung Blackjack, Palm Treo, JasJam or Blackberry.
Users can trade both Australian Stock Exchange (ASX-listed) equities and options and view live watch lists and stock quotes while managing existing orders.
The company’s general manager of wholesale and retail business development, Ian Aspinall, said Sanford is first to market before CommSec and E-Trade release an equivalent product…read more
Mobile share trading grows up
Marcus Browne, ZDNet Australia, 11 October 2007 06:12 PM
Financial technology company IWL has launched what it claims is Australia’s first dedicated mobile-based share trading platform.
The company yesterday released details of the platform, Sanford2GO. IWL claims the development to be an Australian first, despite the possibility of trading shares via mobile phones since the introduction of WAP technology and through the more recent advancement of desktop-like browsing on mobile phones.
Ian Aspinall, IWL’s general manager for marketing, wholesale and retail business, said the development of Sanford2GO is an attempt to remedy the previous difficulties encountered by users trading shares via mobile phones. He described WAP as having been “a bad experience on the whole”…read more
Sanford’s going for broke online.
Zilla Efrat, Money Management, 1 April 1999
In yet another sign of just how fast financial services on the Internet are expanding, on-line broker Sanford Securities has announced plans to float on the Australian Stock Exchange (ASX) in order to raise capital to fund future growth.
Manager of private client services Ian Aspinall says Sanford has set its sights on becoming Australia’s biggest on-line broker within 12 months.
At present, that position is held by Commonwealth Bank’s securities arm, ComSec, which has about 50,000 on-line traders.
Placed next, according to Aspinall, are Sanford and rival E*Trade which both have about 11,000 customers and do a similar percentage of trades on the ASX.
Aspinall says Australia currently has about 70,000 on-line traders, but he expects the number to jump to about 350,000 by the end of 2003, based on US growth rates…read more
