Ignition Wealth launches robo tool for advisers
Ignition Wealth will offer a new range of XPLAN services to help advisers with integrating digital advice and preparing their businesses to become robo-compatible.
Ignition Wealth had partnered with integrated financial planning software service, XPLAN, and would form the new division with XPLAN customisation specialist service, PlanFocus.
PlanFocus director, Rob Corben, would lead the new project division and join Ignition as head of advice.
Ignition chief executive, Mark Fordree, said the new offering would boost digital advice integration and create a simple pathway for advisers between automated advice and full service advice.
"We believe the true scale of digital advice is best delivered by integrating with the tools with which advisers are already comfortable," he said.
"[We] now offer clients a range of XPLAN services to help them better leverage technology in their businesses."
Recommended for you
The strategic partnership with Oaktree Capital and AZ NGA is likely to pave the way for overseas players looking to enter the Australian financial advice market, according to experts.
ASIC has cancelled a Sydney AFSL for failing to pay a $64,000 AFCA determination related to inappropriate advice, which then had to be paid by the CSLR.
Increasing revenue per client is a strategic priority for over half of financial advice businesses, a new report has found, with documented processes being a key way to achieving this.
The education provider has encouraged all financial advisers to avoid a “last-minute scramble” in meeting education requirements prior to the 31 December 2025 deadline.