Pentafin share buy makes OneVue independent
Specialist financial services technology provider OneVue Limited is now claiming to be wholly independently-owned following the acquisition of a major shareholding by Pentafin Wealth Systems.
The company announced that the shares had previously been held by Direct Portfolio Group Limited and that the ownership change would make OneVue "an independent and non-institutionally aligned company".
The company said it owned and controlled all its underlying technologies, including its unified managed account, separately managed account, unit registry and superannuation software.
Recommended for you
The FSCP has announced its latest verdict, suspending an adviser’s registration for failing to comply with his obligations when providing advice to three clients.
Having sold Madison to Infocus earlier this year, Clime has now set up a new financial advice licensee with eight advisers.
With licensees such as Insignia looking to AI for advice efficiencies, they are being urged to write clear AI policies as soon as possible to prevent a “Wild West” of providers being used by their practices.
Iress has revealed the number of clients per adviser that top advice firms serve, as well as how many client meetings they conduct each week.
