Ignition Wealth partners with pharmacy group
Ignition Wealth has partnered with independent pharmacy group, Pharmacy Alliance to provide digital financial advice to the pharmacy group members.
The robo-advice provider announced the owners of Pharmacy Alliance had established Alliance Family Wealth (AFW) to provide digital financial advice to the group’s members, which would be powered by Ignition Wealth and provided through the AFW Capital solution.
The service would launch in the second quarter of 2017.
Pharmacy Alliance executive chairman and pharmacist, Simon Reynolds, said: “One of the key goals of Alliance Family Wealth (AFW) is to investigate and introduce ways to increase the wealth of Pharmacy Alliance member-owners by increasing their profits”.
“Partnering with Ignition Wealth allows us to also support our members as they grow their wealth through investing, using digital financial advice.”
Through Ignition Wealth’s Australian financial services licence (AFSL), the AFW Capital offering would include a customer fact find, risk profile, and portfolio matching experience, which was tailored to suit pharmacists’ requirements, Ignition Wealth said.
Ignition Wealth head of sales and marketing, Richard Liverpool said the firm’s advisers would provide phone-based advice, scoped advice, and full comprehensive advice depending on the need of the pharmacist and their staff members.
The pharmacy group’s members would have access to Ignition Wealth’s financial advisers.
AUTHOR
Malavika Santhebennur
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