PIS has BIG plans for the future
Robbie Bennetts
Professional Investment Services (PIS) is sponsoring Bond University’s student investment club as part of a wider push to support the education of future advisers, it announced today.
PIS chief executive Robbie Bennetts said the company was always keen to invest in the future.
He said that PIS put in place an education strategy, which included hiring an education manager, more than 18 months ago.
The Bond University Club, Bond Investment Group (BIG), received donations from PIS and funds to help the team to participate in the most recent Global Management Challenge, PIS said.
“When we met the team from BIG it was pretty clear they had a passion for investing and for learning all they could about the art of investing,” Bennetts said.
Bennetts said that PIS, which is based in the Gold Coast, is always looking for worthy local causes to back.
“We have a relationship with Griffith University, which has a Gold Coast Campus,” he said.
PIS said that it has also sponsored a financial planning conference held by Griffith University and has a group of students involved in the university’s bachelor of commerce professional year strand.
“Our research shows that hiring a graduate has the potential to bring a financial gain of about $64,000 conservatively to a practice, not adding the potential to develop succession planning strategies within a practice,” Bennetts said.
Recommended for you
Professional services group AZ NGA has made its first acquisition since announcing a $240 million strategic partnership with US manager Oaktree Capital Management in September.
As Insignia Financial looks to bolster its two financial advice businesses, Shadforth and Bridges, CEO Scott Hartley describes to Money Management how the firm will achieve these strategic growth plans.
Centrepoint Alliance says it is “just getting started” as it looks to drive growth via expanding all three streams of advisers within the business.
AFCA’s latest statistics have shed light on which of the major licensees recorded the most consumer complaints in the last financial year.