Advice Revolution to offer free fact find


Advice Revolution is aiming to offset the time-consuming process of the advice process, by providing a free fact find as part of its process.
The firm said adviser users of the platform saw an improvement in compliance, client experience and a reduction in time to provide new advice by 5.5 hours per client.
Advice Revolution had also recently formed partnerships with Centrepoint Alliance and other mid-tier licensees to make the solution available to their advice networks.
Adrian Patty, Advice Revolution founder, said: “We want to help advisers who have borne the brunt of ongoing regulatory change. The most effective way to counter the increased cost to serve is through digital fact finding.
“So far, only 25% have made this leap and we want to help take this to 100%. There’s so much opportunity ahead with technology and the first step is to go digital”.
Recommended for you
ASIC has cancelled the AFSL of a Perth financial services firm following payments to its clients by the Compensation Scheme of Last Resort after a failed managed investment scheme.
Bravura chief executive Andrew Russell has announced he will be stepping down from the company, just under two years after his appointment.
Financial advice businesses with a younger, wealthier client base are enjoying higher valuations and increased attention from potential buyers than those with older clients.
A financial advice firm has been penalised $11 million in the Federal Court for providing ‘cookie cutter advice’ to its clients and breaching conflicted remuneration rules.