Planning groups sign with E*Trade
Online financial services provider E*Trade Australia has signed deals with seven financial planning groups to provide them with online investment and trading operations.
The planning groups, MDRN Allens Financial Planning, Puzzle Financial Advice, AON Financial Planning and Protection, Wright Planning, Financial Force, Dunross Securities, and Dowling and Associates all signed deals choosing E*Trade as their preferred online broker.
Under the deals the seven financial planning companies will have direct access to E*Trade Pro, a service designed for online investors that provides real-time information and fast order placement.
Planners will be able to place orders on behalf of clients using E*Trade Pro or they can place orders through E*Trade's central service.
The financial planning groups’ planners will also have access to the E*Trade website and its set of research tools, historical data and portfolio management functions.
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.
