Frontier Advisors ranked number one asset consultant
Frontier Advisors was voted the top asset consulting firm by Australian institutional investors in a survey by Peter Lee Associates Investment Management (PLA), which examined personnel at 110 funds.
According to the results of the survey, the company was ranked first in eight of twelve individual categories and first in the all-important relationship strength index (RSI), with Frontier’s RSI score being clear of the scores of other major asset consulting firms.
The survey also found that Frontier scored strongly in relation to ‘likelihood to recommend’, with only one other firm registering a positive measure in this assessment.
Frontier’s acting chief executive, Kim Bowater said the results reflected the firm’s customised service model supported by a technology platform.
“We have been resolute in our focus to deliver an evolving set of services to match investors’ changing needs and to ensure our interests are aligned with our clients’ interests, and those of the people they are ultimately investing for,” he said.
“Our ownership model and commitment to independent advice means we can concentrate simply on delivering our best investment ideas to clients, and the highest quality of advice.”
Frontier also gained a long-term appointment from four new clients, with four others subscribing to its technology platform, and a further ten investors commissioning them for project engagements.
AUTHOR
Oksana Patron
Recommended for you
AFCA has confirmed United Global Capital’s membership of the body will not be extended to accept further complaints, avoiding a repeat of the Dixon Advisory scenario.
Three of Australia’s largest financial advice groups have shared their thoughts with Money Management on whether they would include crypto on their approved product lists.
Shadow treasurer Angus Taylor has vowed to introduce a bill to legislate a raft of financial services reforms if the Coalition is elected.
Money Management examines the share price of financial advice licensees over one year to 31 March, with M&A actions in the final quarter having a positive effect for two licensees.
