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Aura appoints new private wealth executive

Aura Group has appointed a new executive director to oversee its boutique advice business Aura Private Wealth.

In a statement, Aura announced former Giles Wade managing director and chief investment officer Andrew Coloretti as its new executive director of Private Wealth.

Mr Coloretti has worked across numerous facets of the financial services industry and brings more than 25 years’ experience to the role, the statement said.

During this time, Mr Coloretti has held numerous leadership positions with businesses including Chimaera Capital, HSBC Bank and Boston Capital Group.

Aura managing director Calvin Ng said the business was glad Mr Coloretti has taken the role.

“We are privileged to have someone of Andrew’s calibre join the Aura team,” he said.

Mr Coloretti added that he was pleased to be joining the company.

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“I am looking forward to being part of this dynamic and growing business and the opportunity to formulate and deliver bespoke investment and advisory solutions to clients,” he said.