Wealth Within signs up Secureinvest
After four months of negotiations, dealer group Secureinvest has appointed boutique investment firm Wealth Within as its provider of individually managed accounts (IMA) service.
Secureinvest will be Wealth Within’s first financial planning dealer to take on its IMA service. A similar deal with Quadrant Securities fell through 12 months ago, when the dealer group was acquired by AXA-owned Genesys Wealth Advisers.
The co-founder of Wealth Within, Dale Gillham, said the signing up of Secureinvest recognised industry demand for IMAs.
“The IMA service is the future for all dealer groups and this is where the industry is heading in the next five to 10 years,” he said.
Gillham also said that talks with Quadrant Securities were continuing.
Recommended for you
AUSIEX has announced it will acquire FIIG, a specialist fixed income provider with $4.5 billion in funds under advice.
Platinum Asset Management has announced it is in discussions with a global alternatives fund manager regarding a possible merger to create an $18 billion firm.
Frontier Advisors has bolstered its Japanese footprint through a partnership with the $350 billion asset management arm of Nippon Life Insurance Company.
JP Morgan Asset Management has appointed an ETF specialist from Vanguard as it seeks to expand its ETF range.
