Skaffold extends distribution
Independent stock research company, Skaffold.com has moved to reseource its expansion into the financial services and Self Managed Superannuation Funds (SMSF) administration markets.
The company announced that it had appointed Trevor Clisby to lead its push into the new market areas.
Commenting on the appointment, Skaffold chief executive, Peter Simson said Clisby would be central to the company’s distribution strategy.
He said Skaffold had already proven itself as a successful research tool for DIY investors and he believed financial planners now represented an increasing segment of the company’s membership base.
Recommended for you
Wealth managers have said they are experiencing difficulties in aligning their company’s in-house views with the ever-increasing needs of clients, according to MSCI.
The financial advice industry is experiencing a “champagne problem” regarding pricing, with advice firms seeing no need to cut their prices to remain competitive.
Marking a decade offering managed accounts in Australia, BlackRock has elaborated on the changes it has seen in their usage by financial advisers, with net client flows rising from 4 per cent to 25 per cent.
AZ NGA’s CEO has unpacked how its recent $345 million debt facility from Barings will accelerate its advice network’s growth ambitions, and allow its largest firms to access a greater source of funding.
