RI Group forms Tasmanian alliance
RI Group, formerly known as RetireInvest Group (RI Group) has grown its presence in Tasmania, forming an alliance with Tasmanian-based B&E Personal Banking to provide financial advice.
Announcing the alliance today, RI Group chief executive Paul Campbell (pictured) said it formed part of the group’s continued focus on business growth.
B&E Personal Banking has more than 36,000 Tasmanian members and is described as offering a comprehensive and competitive range of banking products and services ranging from term deposits through to personal loans and general insurance.
RI Group is seen as filling the financial planning gap in the B&E service offering.
Recommended for you
Sequoia Financial Group has announced it is selling off its Informed Investor subsidiary which it acquired in April 2022.
Wealth Data has examined which advice business model has seen the most growth since the start of the year including those that offer holistic advice.
Research conducted by Elixir Consulting and Lonsec has quantified the efficiency gains of using managed accounts in financial advice practices in hours per week saved.
With only one-quarter of advice practices actively seeking feedback from clients, the Financial Advice Association Australia has emphasised why this is a critical tool for client retention.