Frontier’s history can be traced back two decades to 1994 when an asset consulting group was established within Industry Fund Services (IFS).
In 1999, the IFS Board decided to spin off its consulting business into a new and separate company: Frontier Advisors. This was done to remove any possibility of conflicts of interest that arise when a firm provides both investment advice and investment products and we have remained fiercely independent ever since – something that makes us unique among the major providers.
Frontier was formally established as a stand-alone entity in July 2000 and remains that way with no parent company, subsidiaries or affiliated businesses.
In 2008 we introduced a new and extended range of specialised services complementing our traditional investment services.
In 2009 we passed $100 billion in funds under advice.
Damian Moloney was appointed inaugural CEO in 2011 and the Board reverted to non-executive Directors only. Fiona Trafford-Walker became our Director of Consulting to focus on advice and research. Andrew Polson became Frontier’s new Chief Executive Officer in 2018.
A broader range of services and research tools, including Mercury, our online investment and manager research database, were introduced in 2012 and have now transformed into our Partners Platform, a unique offering in the market that demonstrates Frontier’s technology leadership.
In 2014 Frontier celebrated 20 years of providing advice to the Australian institutional investment market. In 2015 Frontier was awarded the title of Most Innovative Consultant Globally, by CIO Magazine, and awarded the title of Asset Consultant of the Year by Selecting Super in 2016. The highly regarded Peter Lee Associates survey has ranked Frontier first among Australian asset consulting firms in 2016, 2017, 2018 and 2019.