Centrepoint launches charitable foundation
Centrepoint Alliance has launched a charitable foundation, the Centrepoint Alliance Foundation, which will leverage the resources of Centrepoint to support people in need.
The foundation would provide funding and assistance to disadvantaged people across the globe to help them access medical, healthcare, education, and other assistance as required.
Centrepoint Alliance managing director, John de Zwart said the foundation was a way to build on the fundraising activities already undertaken by the non-institutionally owned financial services firm at its last two conferences, including raising over $100,000 to support disadvantaged groups such as a Thai Orphanage, a Fijian infant and primary school, and youth cancer charity, CanTeen.
“We felt establishing the Centrepoint Foundation was a good way to build on these achievements and to bring advisers together to have a bigger impact in supporting people in need,” Zwart said
“The foundation will provide a framework for Centrepoint advisers and licensees to work with each other as well as work with their own staff and their own client networks in order to raise funds via our charity partners.”
The foundation’s first partnership would be with beyondblue, the independent organisation that works to raise awareness of depression, anxiety, and suicide prevention.
AUTHOR
Malavika Santhebennur
Recommended for you
Digital advice tools are on the rise, but licensees will need to ensure they still meet adviser obligations or potentially risk a class action if clients lose money from a rogue algorithm.
Shaw and Partners has merged with Sydney wealth manager Kennedy Partners Wealth, while Ord Minnett has hired a private wealth adviser from Morgan Stanley.
Australian investors are more confident than their APAC peers in reaching their financial goals and are targeting annual gains of more than 10 per cent, according to Fidelity International.
Zenith Investment Partners has lost its head of portfolio solutions Steven Tang after 17 years with the firm, the latest in a series of senior exits from the research house.
