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Stake Appoints Jon Howie as Chief Commercial Officer to Accelerate Innovation for Ambitious Investors

Howie brings over 20 years of financial services experience, including leadership roles at Blackrock, Macquarie Bank and VGI Partners.

SYDNEY, 17 Aug 2023 — Stake, the Australian investment platform, has appointed Jon Howie as Chief Commercial Officer to drive new wealth creation opportunities for ambitious investors.

Howie brings more than twenty years’ of experience in financial services, including previous roles as Head of Index Equity at Blackrock APAC, Head of iShares Australia, and leadership positions at Macquarie Bank and VGI Partners. He will promote strategic innovation across all teams at Stake, while ensuring sustainable long term business growth. 

Matt Leibowitz, CEO and founder of Stake said, “Jon has an outstanding track record of driving better investor outcomes, combining in-depth knowledge of product leadership, with a talent for business strategy and the ability to motivate teams. Stake is already breaking barriers for investors via our ASX, Wall St and SMSF products, and with Jon on board, we are perfectly positioned to expand well into the future.”

Stake continues to see significant growth, reaching over $2.5 billion in assets under administration, 120% year on year active customer growth for Stake Aus, and is now the third largest investment platform in Australia, according to the Investment Trends H1 2023 report. The platform was recently awarded the Outstanding Value Award – Trader, in the Canstar 2023 Online Broker Awards.

Jon Howie, Chief Commercial Officer at Stake adds, “Stake has been a pioneer in making the markets more accessible, and is incredibly well positioned to meet current and future customer needs. As more people engage with their finances, there are incredible opportunities ahead, and I’m excited by what we can achieve.”


About Stake

Stake was founded in Australia in 2017 with a mission to break barriers for ambitious investors. Since its launch, Stake has attracted over 500,000 customers by providing seamless access to the U.S. markets, $3 CHESS sponsored ASX trades, and Stake Super — an intuitive, hassle free SMSF platform. Stake completed a $90 million Series A funding round in May 2022 and is backed by major investors including Tiger Global and DST Global.

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Stakeshop Pty Ltd, trading as Stake, ACN 610105505, is an authorised representative (Authorised Representative No. 1241398) of Sanlam Private Wealth Pty Ltd (Australian Financial Services Licence No. 337927) ('Sanlam') and an authorised representative (Authorised Representative No. 1241398) of Airwallex Pty Ltd (Australian Financial Services Licence No. 487221) ('Airwallex'). Stake is not authorised by Airwallex under Airwallex’s AFSL to arrange for clients to be issued with securities as Airwallex is not authorised under its AFSL for this purpose. Stake is not authorised by Sanlam under Sanlam’s AFSL to arrange for clients to be issued with a non-cash payment facility as Sanlam is not authorised under its AFSL for this purpose. Stake SMSF Pty Ltd (‘Stake Super’) is not licensed to provide financial product advice under the Corporations Act. This specifically applies to any financial products which are established if you instruct Stake Super to set up a self managed super fund (‘SMSF’). When you sign up to Stake Super, you are contracting with Stake SMSF Pty Ltd who will assist in the establishment of a SMSF under a ‘no advice model’. You will also be referred to Stakeshop Pty Ltd to enable your trading account and bank account to be set up in order to use the Stake Website and/or App. Stakeshop Pty Ltd will also run marketing and promotions to you under. For more information about SMSFs, see our SMSF Risks page.The information on our website or our mobile application is not intended to be an inducement, offer or solicitation to anyone in any jurisdiction in which Stake is not regulated or able to market its services. At Stake and Stake Super, we’re focused on giving you a better investing experience but we don’t take into account your personal objectives, circumstances or financial needs. Any advice given by Stake is of a general nature only. As investments carry risk, before making any investment decision, please consider if it’s right for you and seek appropriate taxation and legal advice. Please view our Financial Services GuideTerms & ConditionsPrivacy Policy and Disclaimers  before deciding to invest on or use Stake or Stake Super. By using our website or service in any way, you agree to our Privacy Policy and Terms & Conditions. All financial products involve risk and you should ensure you understand the risks involved as certain financial products may not be suitable to everyone. Past performance of any product described on this website is not a reliable indication of future performance. Stake and Stake Super are registered trademarks in Australia.

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