Advice platform joins forces with H&R Block

H&R-Block/financial-advice/taxation/

19 July 2023
| By Rhea Nath |
image
image image
expand image

My Money Sorted (MMS) has announced a national partnership with tax preparer H&R Block to provide guidance on retirement planning, investment strategies and wealth management to over 700,000 new clients. 

According to the firm, the combined expertise will allow Australians to access comprehensive financial advice and taxation planning conveniently and efficiently.

MMS said the tie-up will allow it to extend its reach and provide expert financial advice to a wider audience. The firm’s long-term goal is to help 5 million Australians to make better money moves via financial advice, coaching and guidance.

“Our original vision for MMS, which began two and a half years ago, was to empower as many Australians as possible with expert financial advice,” said Tom Haigh, chief executive of MMS.

“This partnership with H&R Block is a significant step towards fulfilling that vision. Together, we will be able to reach more individuals, help them navigate the complexities of financial planning, and ultimately secure their financial future.”

The partnership with H&R Block, which has almost 430 offices across Australia, began with a trial period between the two firms in late 2022 that saw MMS provide advice to over 2,000 Australians.

During this time, MMS observed the majority (over 90 per cent) of those clients who were seeking advice had a strong interest in better preparing for their retirement.

“This statistic underscores the immense value that MMS and H&R Block can collectively deliver to Australians, ensuring they are equipped with the knowledge and resources necessary to secure a prosperous future,” MMS stated. 

The advice platform covers superannuation, financial planning, investments, mortgage, insurance and personal loans through aligned partnerships with advisers and product providers. 

Read more about:

AUTHOR

Recommended for you

sub-bgsidebar subscription

Never miss the latest news and developments in wealth management industry

MARKET INSIGHTS

So we are now underwriting criminal scams?...

2 months 3 weeks ago

Glad to see the back of you Steve. You made financial more expensive, not more affordable as you claim, and presided ...

2 months 3 weeks ago

Completely agree Peter. The definition of 'significant change is circumstances relevant to the scope of the advice' is s...

4 months 4 weeks ago

ASIC has suspended the Australian Financial Services Licence of a Melbourne-based financial advice firm....

1 week 5 days ago

The corporate regulator has issued infringement notices to three AFSLs whose financial advisers provided personal advice to a retail client while unregistered....

2 weeks 3 days ago

ASIC has released the results of its first adviser exam to be held in 2025, with 241 candidates attempting the test....

3 weeks 1 day ago

TOP PERFORMING FUNDS

ACS FIXED INT - AUSTRALIA/GLOBAL BOND