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4 days ago | 
ifa.com.au | Shy-ann Arkinstall
Despite the inherent challenges that come with being self-licensed, TruWealth Advice director and principal financial adviser Natallia Smith said that operating this way allows her greater control over her business to keep clients and ethical practices at the heart of everything without interference from higher ups.
“I'm accountable to my clients and to the regulator, I'm not accountable to corporate parents, so that’s the difference there.
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5 days ago | 
moneymanagement.com.au | Shy-ann Arkinstall
Financial services software and technology provider Fin365 has appointed a new executive chairman to the board to support the firm’s strategic growth plans. Fin365 has appointed Scott Hoy, the founder and managing principal of Kirkwall Capital, as an executive director to work alongside the firm’s founder and chief executive Stephen Handley, as well as Greg Davis and Jo Hall.
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5 days ago | 
ifa.com.au | Shy-ann Arkinstall
Ethics is always a hot topic within the advice profession, whether it be in regard to continuing professional development or investing or adviser conduct, but how does it impact key business decisions?
Appearing on The ifa Show, TruWealth Advice director and principal financial adviser Natallia Smith said ethics are embedded in how she built her business, including the charging model she uses, driven by the belief that fixed dollar-based fees are overall the more ethical option.
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1 week ago | 
moneymanagement.com.au | Shy-ann Arkinstall
Traditional relationships between advisers and business development managers (BDMs) are evolving, with the expectations for them to provide meaningful guidance to the advice practice.
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1 week ago | 
moneymanagement.com.au | Shy-ann Arkinstall
Padua Solutions has poached an individual from Colonial First State to take on a newly created role focused on overseeing its technical capabilities. Previously with CFS, Dimitri Diamantes has been appointed as a senior technical services manager for Padua Solutions, a newly minted role at the firm designed to further support its growth within the advice market.
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1 week ago | 
ifa.com.au | Shy-ann Arkinstall
Now in the thick of the end of financial year (EOFY) rush, MIntegrity co-chief executive Amanda Mark said “strategic foresight and proactive client service” can make a significant impact when it comes to avoiding excess stress.
Unfortunately, for those who have left things to the last minute this year, Mark said “the single biggest mistake an adviser can make is leaving communication too late”.
“By early June, your clients should already know what, if anything, they need to do.
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1 week ago | 
ifa.com.au | Shy-ann Arkinstall
Expanding your client base is undoubtedly one of the most important factors when growing a business; however, Conrad Francis, founding director of Inspired Money, said on an Advisely webinar that there needs to be “quality controls” in place to ensure that you are signing on the right clients.
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1 week ago | 
ifa.com.au | Shy-ann Arkinstall
David Ormsby of O’Sullivan Financial in Brisbane has been named the Gwen Fletcher Memorial Award recipient in recognition of his “demonstrable dedication to providing high-quality advice” in the most recent CFP Certification Unit.
The award is named in honour of the late Gwen Fletcher, or the “First Lady of Financial Planning”, who was instrumental in the formation of the Financial Planning Association (FPA) before passing away in February 2014 at the age of 94.
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1 week ago | 
moneymanagement.com.au | Shy-ann Arkinstall
With just 10 days left of the financial year, adviser numbers have taken a notable hit with further losses expected as 30 June approaches. In what is shaping up to be a month of four consecutive weekly losses, the latest Wealth Data analysis has reported a net loss of 41 advisers for the week ending 19 June. This is the biggest drop for the calendar year so far and brings the total of advisers down to 15,544.
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1 week ago | 
moneymanagement.com.au | Shy-ann Arkinstall
Colonial First State has announced the latest expansion of the Edge managed accounts menu, with the latest development aimed at supporting advisers and clients’ needs in the fixed income landscape. Less than three months on from the last expansion, CFS has added the Sandstone Income Portfolio, managed by MST Financial, to the CFS Edge platform, building on its existing menu of more than 170 managed accounts.
