AOL, Intuit deal gives members a ride on the superhighway
Australian members of AOL now have access to the Quicken.com.au investment service, thanks to a recent alliance formed between AOL in Australia and Intuit, a leading international supplier of financial software and Web-based services.
Accessed on AOL's Money channel, the Quicken.com.au Online Investment Centre provides news headlines, information on managed funds and other investments and an on-line share and managed fund trading service.
Also offered is the chance to chat live online with finance experts like George Cochrane, finance adviser of the Sun Herald, James Dunn of Shares Magazine, John Raneri of Australian Investment and Taxation Bulletin, and Michael Gordon of Australian Sharemarket Investor.
In addition to AOL subscription fees, those trading through the service pay a transactional fee of $49.
Since its launch in November 1998, Quicken.com.au Australia has had more than 300,000 visitors.
Managing director Dai Kyu Kim says the operation is 100 per cent locally owned but has direct access to Intuit's global resources and technology.
Quicken.com sites also exist in the United States, Canada, Germany and Britain, but Kim says the content, services and information to be offered in Australia are based on research into local market requirements.
Recommended for you
The FSCP has announced its latest verdict, suspending an adviser’s registration for failing to comply with his obligations when providing advice to three clients.
Having sold Madison to Infocus earlier this year, Clime has now set up a new financial advice licensee with eight advisers.
With licensees such as Insignia looking to AI for advice efficiencies, they are being urged to write clear AI policies as soon as possible to prevent a “Wild West” of providers being used by their practices.
Iress has revealed the number of clients per adviser that top advice firms serve, as well as how many client meetings they conduct each week.