Beacon signs on with OneVue

dealer group best interests financial services companies australian financial services professional investment services chief executive

26 June 2013
| By Andrew Tsanadis |
image
image
expand image

Newly-formed dealer group Beacon Financial Group has signed on to use OneVue’s Unified Managed Account (UMA) investment platform. 

Beacon managing director Peter Daley said the dealer group was attracted to OneVue as it was not institutionally aligned and therefore had no conflicts of interests in the manufacture of products and its approved product list. 

“We are an advocate for independent financial services companies and I’m excited about the new alliances we’re forming,” he said. 

“We don’t impose mandates on products and platforms, and we believe advisers should be free to look at whatever options are available and in the best interests of clients.” 

Recently, former Professional Investment Services managing director Robbie Bennetts signed with Beacon and took a stake in the dealer group. 

Daley departed as Australian Financial Services chief executive in May last year. Beacon resulted from the merger between The Financial Link Group and Titanium Group earlier this year.

Read more about:

AUTHOR

Recommended for you

sub-bgsidebar subscription

Never miss the latest news and developments in wealth management industry

MARKET INSIGHTS

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

3 weeks 5 days ago

This verdict highlights something deeply wrong and rotten at the heart of the FSCP. We are witnessing a heavy-handed, op...

1 month ago

Interesting. Would be good to know the details of the StrategyOne deal....

1 month ago

Insignia Financial has confirmed it is considering a preliminary non-binding proposal received from a US private equity giant to acquire the firm. ...

1 week 3 days ago

Six of the seven listed financial advice licensees have reported positive share price growth in 2024, with AMP and Insignia successfully reversing earlier losses. ...

6 days 5 hours ago

Specialist wealth platform provider Mason Stevens has become the latest target of an acquisition as it enters a binding agreement with a leading Sydney-based private equi...

5 days 9 hours ago