Australian investment management firm Dalton Nicol Reid has appointed Robert White as its new CEO and head of distribution, replacing Harley Dalton.

White has 20 years of experience in the financial services industry, working in the UK, Europe and Australia.

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Most recently he was executive director and head of advice at JBWere Private Wealth Management. Prior to that, he was joint managing director and CEO for HFA Asset Management (now Certitude Global Investments).

Jamie Nicol, director and CIO of Dalton Nicol Reid, said the new appointment was a positive step and that it would allow the business to continue on its current growth trajectory.

"We are pleased to have found such a high calibre professional with a depth of knowledge in both wealth and funds management, across a diverse client base of retail, wholesale and institutional investors. We believe the qualities Robert brings to Dalton Nicol Reid will be a perfect fit for our business."

White will take up his new post effective 24 March.

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