R&SA takes on Wealthpoint software
Wealthpoint’sflagship stand-alone financial planning software product, Assirt Desktop, has securedRoyal & SunAlliance(R&SA) as a new institutional client.
R&SA’s dealer group Camwal, with 40 advisers, will use the software to improve its workflow, customer contact and planning systems. Camwal, which owns subsidiaryCameron Walshe, was bought by R&SA in June 2001.
Sealcorp associate director and head of dealer sales Tim Gunning says there is still substantial interest in such stand-alone products despite the market being flooded with Web-based software products.
“Despite all the talk about web-delivered solutions, we’re still finding a huge amount of interest in Assirt Desktop,” he says.
The latest contract with R&SA follows an earlier one secured with Westpac, which has taken out 200 licenses for its dealer groups.
Camwal general manager Doug Kirkman says a comprehensive tender process was undertaken before Assirt Desktop was selected.
“It won the tender as the stand out in a competitive market due to the comprehensive nature of its software and calculators.],” he says.
Recommended for you
With an advice M&A deal taking around six months to enact, two experts have shared their tips on how buyers and sellers can avoid “deal fatigue” and prevent potential deals from collapsing.
Several financial advisers have been shortlisted in the ninth annual Women in Finance Awards 2025, to be held on 14 November.
Digital advice tools are on the rise, but licensees will need to ensure they still meet adviser obligations or potentially risk a class action if clients lose money from a rogue algorithm.
Shaw and Partners has merged with Sydney wealth manager Kennedy Partners Wealth, while Ord Minnett has hired a private wealth adviser from Morgan Stanley.
