RetireInvest appoints in-house investment researchers
The chief executive of RetireInvest, Paul Campbell, said discussions with advisers on how to improve the dealer group's service offering resulted in the decision to bring some investment research capabilities in-house. RetireInvest currently buys its research from Financial Facts, which is owned by ING.
Dinyar Irani, Cameron Sinclair, Dan Miles, and Deigo Mainou will be doing the overlay on products and working with RetireInvest's advisers to assist them with research, Campbell said.
"They have many years of experience and are highly regarded by their peers," he said.
"Research, compliance and technical [services] need to be at the core of your offering."
Campbell, who was recently appointed to RetireInvest, was formerly the chief operations officer for Genesys.
Campbell said he would not be seeking to further increase the number of its investment researchers.
A spokesperson for AXA said research would continue to operate independently at Genesys, but would not disclose any further information.
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.
