AMP Financial Planning appoints Lonsec, van Eyk as external research team
AMP Financial Planning (AMPFP) has chosen van Eyk and Lonsec as its preferred research house partners following a review of its internal research abilities.
Van Eyk will provide training, a support desk, investment road shows, practice visits and portfolio construction tools, while Lonsec will provide model portfolios and input into the composition and monitoring of AMPFP’s approved products and services list.
AMPFP recently added Brendan Irwin, Nick Schoenmaker and Zaffar Subedar to its internal product research team.
AMPFP managing director Michael Guggenheimer said the appointment of van Eyk and Lonsec would complement the AMPFP product research team and enhance its offering to planners and client support services.
Van Eyk managing director Stephen van Eyk and Lonsec general manager of research Grant Kennaway said they look forward to working with AMPFP’s research team and helping its financial planners add value to their client portfolios.
The new service will come into effect in September.
Recommended for you
Net cash flow on AMP’s platforms saw a substantial jump in the last quarter to $740 million, while its new digital advice offering boosted flows to superannuation and investment.
Insignia Financial has provided an update on the status of its private equity bidders as an initial six-week due diligence period comes to an end.
A judge has detailed how individuals lent as much as $1.1 million each to former financial adviser Anthony Del Vecchio, only learning when they contacted his employer that nothing had ever been invested.
Having rejected the possibility of an IPO, Mason Stevens’ CEO details why the wealth platform went down the PE route and how it intends to accelerate its growth ambitions in financial advice.