NAB Asset Servicing scores new clients

31 January 2013

| By Staff |

National Australia Bank's Asset Servicing business has won contracts to provide custodial and administrative services to Atrium Investment Management and custodial services to Fitzpatricks Private Wealth.

Investment firm Atrium Investment Management invests across asset classes and manages over $600 million in funds under management.

Fitzpatricks Private Wealth, an Australian advisory and wealth management firm, manages $2 billion under advice and specialises in estate planning, wealth preservation, financial management strategies and investment management.

"As a result of the continuing strong growth of the firm as well as our need to manage client capital across a diverse range of investment opportunities, it was important to identify a market leader in the provision of custodial and administration services," director of Fitzpatricks and chief executive of Atrium Alex Hone said.

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"We are confident NAB will be able to provide the support we require to deliver on our continuing business development."

NAB Asset Servicing secured a custodial and administration contract with Investment Science Asset Management last week and managed to hold on to AustSafe's custody contact for a further three years earlier in the month.

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