Home / News / In conversation with Troy Armstrong, Koda Capital

In conversation with Troy Armstrong, Koda Capital


Troy joined the Koda Capital team in late 2019 as an Adviser and Partner, but brought with him extensive experience across self-managed superfunds, trusts and companies, which allowed him to quickly cement his position within the independent wealth management firm based in Melbourne.

While he does have an impressive history of positions among some of the most respected firms including Escala Partners, ANZ, and Akambo Private Wealth, like many young Australian men he initially thought playing AFL was his calling. After the awakening, he went on to study myotherapy before very quickly realizing his future was in relating with people, with a Diploma of Financial Planning soon following.

Completing his degree and having to start at the bottom of the ladder, Troy took his first job for a financial planner, answering phones. With the tenacity and loyalty, he is so well known for, he didn’t stay answering phones for long before building his experience and knowledge within the industry.

  • Gaining as much experience and knowledge as possible, and really figuring out what aspect of investing was of most interest, a stint at ANZ made clear it wasn’t banking. Moving back to Melbourne from the Gold Coast and straight into the boutique wealth management space.

    Using past experience in his current role at Koda Capital, Troy has a particular focus on two key areas – transparency and capital preservation. Taking the time to realise that realistically if something is too good to be true, 9 times out of 10 it is and being transparent with the advice given. The latter comes from seeing many firms such as Southern Capital going under and of course the fallout from the GFC.

    Koda Capital

    With a portfolio of some high-quality philanthropic funds alongside your business owners and professionals, Koda Capital structures and focusses on the ultra-high network space. When Covid hit, Koda Capital like the rest of the world had to pivot and take the time to think about how they were doing things.

    ‘We were lucky and actually pretty well set up to be 100% remote anyway, so the doors closing especially in Melbourne didn’t cause too much of a disruption’. Due to this Troy also sees permanent changes occurring to the general office layout not only for Koda Capital but for the entire industry, ‘the five day work week in the office could be gone which will also decrease the office spaces growing, some offices while may not close entirely, you won’t see them expanding into larger spaces’.

    Koda Capital also took the opportunity to consider where they are investing geographically. They are very much focused on global markets, understanding that at the end of the day Australia is a relatively small country, so the need to invest elsewhere is pressing. In Troy’s opinion the need to be exposed offshore is now a must, especially with the drop in dividends and the drop in the allure of franking credits.

    Advice for your younger self

    ‘Go somewhere that you will get a lot of exposure to clients, day in and day out’, You may feel like you are swimming in the dark at times, but nothing is better then gaining as much experience and knowledge as possible. This advice sure seems to be paying off for a young leader of the financial advice industry.

    Higher inflation, recession more likely: Franklin Templeton

    Late July news of the Federal Reserve (Fed) increasing interest rates another 0.75% and a second negative quarter of economic growth (GDP) has created an uncertain environment for investors going forward. Adding to these concerns is China’s economic slowdown and Europe’s energy shock.  Stephen Dover, Chief Market Strategist, at the Franklin Templeton Investment Institute presents…

    Stephen Dover | 15th Aug 2022 | More
    Jones looks to shorten exam, improve ethics code

    Once the advice review is completed, the minister has asked Treasury to look at updating the ethics code and assessing the viability of a shortened adviser exam.

    Tahn Sharpe | 15th Aug 2022 | More
    AZ NGA dives into supply chain with Virtual Business Partners tie-up

    The Italian-backed group has teamed up with one of AMP’s largest advice businesses to take a major stake in the back-office services provider. It’s the first time AZ NGA has ventured beyond advice and accounting investment.

    Tahn Sharpe | 15th Aug 2022 | More
    Advisers urged to tread carefully with ‘wholesale investor’ status
    Staff Writer | 28th Jul 2022 | More
    Top hedge fund award goes to L1 Capital
    Greg Bright | 13th Dec 2021 | More
    MAX Award winners and the new world outside
    Greg Bright | 13th Jun 2022 | More
    INDepth with Andrew Lockhart from Metrics Credit Partners
    The Inside Adviser | 30th Jun 2022 | More