Legalsure looks for growth
Independent Queensland based Legalsure Investments are pursuing an active recruitment drive and looking to strengthen its national presence.
Legalsure director Paul Kelly says the group operates a full financial planning service with a focus on life and general insurance, as well as specialist risk and mortgage divisions.
"We are conscious that not enough planners offer risk advice," he says.
The group currently has 13 financial planners positioned in two Queensland locations, two in Sydney and one in South Australia. Kelly says the group is now looking at branching into Victoria, and strengthening the Sydney team.
"We are in discussions with a further five [financial planners] who are Sydney based.
As the name suggests this boutique dealer has a client focus on the legal fraternity. The working relationship established with legal firms involves business with lawyers, as well as their clients.
"They [legal firms] are a significant referral source for us. Often we are the first point of call, firms use us before they recommend us," Kelly says.
Kelly says the expansion into New South Wales and Victoria has been fueled by interest from legal firms with whom Legalsure have an existing alliance with, for example Maddens in Sydney.
Legalsure Investments obtained its dealers licence in January last year and started out with about $10 million funds under management. Kelly says the team now pulls in an average of six million a month.
AUTHOR
Nicole Szollos
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