Beacon and HUB24 launch new white label initiative
A new partnership initiative from Beacon Financial Group and HUB24 will see the delivery of a tailored managed platform services.
The service for Beacon is set to launch in October and will follow a strong period for HUB24, whose annual results posted a 94 per cent increase in funds under administration last financial year.
"Partnering with a large and growing independent network such as Beacon supports our intention to be the leading platform provider in the burgeoning non-aligned advice space," HUB24 managing director, Andrew Alcock, said.
"With the right technology [we] can offer better practice outcomes for advisers."
AUTHOR
Hope William-Smith
Recommended for you
New research has revealed which fund manager is the most recommended by financial advisers to their clients, as well as the most preferred research houses.
The departure of BlackRock’s head of global client business Mark Wiedman after his 21-year tenure has prompted a reshuffle, with several senior executives receiving promotions.
The volume that financial advisers have invested in private credit funds could be among disclosures that providers have to make to ASIC amid a regulatory crackdown on private markets.
Platinum Asset Management has appointed Northern Trust to provide asset servicing solutions for their $11 billion Australian funds.
