ClearView’s LaVista adds new clients
ClearView subsidiary, LaVista Licensee Solutions has reported a growth in number of clients, a trend propelled by self-licensing tendency among planners.
The latest Australian Financial Services Licensees (AFSLs) which appointed LaVista to assist them with managing their licence obligations, included NSW-based practice, Macaplan Financial Planning Resources, and Canberra-based, Rightway Insurance Services.
LaVista Licensee Solutions was launched in late 2018 to support the growing number of boutique AFSLs, it said.
LaVista’s chief executive, Mike Pope, said that the increasing focus on professionalism, the breakdown of vertical integration and the brand damage institutionally-aligned groups suffered created an environment in which planners more often decided to gain their won AFSL.
Macaplan, which obtained its AFSL in mid-2016 and currently has two advisers with plans to expand later in the year, appointed LaVista in March.
“LaVista will assist in handling our compliance from AFSL management to adviser training and development. When we bring on new advisers in the future, they will manage the onboarding and induction process too,” Macaplan’s director, Paul Macfarlane, said.
Darren Strickland, principal of Rightway Insurance Services, appreciated the firm’s professional and pragmatic approach to compliance.
“Their financial planning software system, CWT, is great and we find the templated wording and comparisons of products particularly useful,” he added.
AUTHOR
Oksana Patron
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