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Damon Kitney

Veteran stockbroker Hugh Robertson makes return to Bell Financial Group

Damon Kitney

Almost five years to the day since they walked out the door, Wilson HTM principal Hugh Robertson and his team of small cap specialists have rejoined the Melbourne office of Bell Financial Group (BFG).

“Hugh is a highly regarded and successful market identity who is well known to Bell having previously worked with us between 2002 and 2011,” BFG executive chairman Colin Bell said in a statement to the ASX this afternoon.

“Hugh and his team will make a significant contribution to our business and we are very pleased to welcome them back to Bell Potter”.

In mid-January BFG revealed its full year profit before tax was expected to exceed $22 million, a 165 per cent increase on the previous year. It said the result was underpinned by strong Equity Capital Markets throughout the year.

In its Institutional broking and equity capital markets business, which will be bolstered by Mr Robertson and his team, revenues increased 50 per cent to $41 million. Profit before tax was $10.2 million, a 450 per cent improvement on the previous year.

Damon Kitney
Damon KitneyColumnist

Damon Kitney has spent three decades in financial journalism, including 16 years at The Australian Financial Review and 12 years as Victorian business editor at The Australian. He specialises in writing the untold personal stories of the nation's richest and most private people and now has his own writing and advisory business, DMK Publishing. He has published three books, The Price of Fortune: The Untold Story of being James Packer; The Inner Sanctum, and The Fortune Tellers.

Original URL: https://www.theaustralian.com.au/business/dataroom/veteran-stockbroker-hugh-robertson-makes-return-to-bell-financial-group/news-story/ef77a39c12fcb82ac2851fa22e60e286