OneVue adds CARM planning tool to suite
OneVue has added CARM, a planning tool to help accountant and planners prepare a life plan for clients, to its product suite.
OneVue has acquired a copy of the CARM code and exclusive distribution rights within the Asia Pacific region, the company said.
“OneVue will provide support for all of CARM’s existing clients, but the CARM system will be going into lockdown to prepare for a major roll out,” said OneVue’s global chief executive Connie McKeage.
“CARM will be re-released as WealthVue in July and will be offered as both a stand-alone product as well as an integrated UMA solution.”
CARM chief executive Matthew Lock will join the OneVue management team. “We see the market and its future the same way so the cultural alignment was a key factor in ultimately selecting OneVue as our partner,” he said.
“I am confident that WealthVue will very quickly become a significant contributor to OneVue’s overall adviser and accountant proposition.”
Recommended for you
ASIC has released the results of its first adviser exam to be held in 2025, with 241 candidates attempting the test.
Quarterly Wealth Data analysis has uncovered positive improvements in financial adviser numbers compared with losses in the prior corresponding period.
Holding portfolios that are too complex or personalised can be a detractor for acquirers of financial advice firms as they require too much effort to maintain post-acquisition.
As the financial advice profession continues to wait on further DBFO legislation, industry commentators have encouraged advisers to act now in driving practice efficiency.
