Synchron forms new investment company
Non-institutional risk adviser, Synchron has created a new company, Valant Capital Investments, to provide platform, investment and insurance products for its 400 advisers.
Synchron said its board made the decision on the back of adviser demand.
Valant Capital would provide high wrap investment, superannuation, and pension accounts while it also made its portfolios available through its platform.
Synchron and Valant Capital director, John Prossor, said advisers would now be able to focus on strategy rather than asset allocations.
It would give advisers access to an additional, optional platform, which offered model portfolios, Prossor said.
Lonsec would also act as the asset consultant to Valant Capital Investments for its model portfolios.
Valant Capital would offer five risk-based portfolios with different weightings to defensive and growth assets across global equities, Australian equities, Australian equities — income, fixed interest, listed property and infrastructure.
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