Macquarie joins OpenInvest

20 February 2019
| By Anastasia Santoreneos |
image
image
expand image

Self-directed investors will now have access to Macquarie Investment Management following the firm’s decision to join online investment marketplace, OpenInvest.

Macquarie would join other firms already established on OpenInvest like Schroders, Shaw and Partners, SG Hiscock and JBWere.

Co-founder and chief executive officer of OpenInvest, Andrew Varlamos, said the investment management industry has the expertise and experience to assist self-directed investors who are perhaps scorned by untrustworthy advisers. 

“In a post Royal Commission environment, there are even more investors who want help with their investments, but don’t know who they can trust or where they can go to find the professional assistance they need,” said Varlamos.

Read more about:

AUTHOR

Recommended for you

sub-bgsidebar subscription

Never miss the latest news and developments in wealth management industry

MARKET INSIGHTS

GG

So shareholders lose a dividend plus have seen the erosion of value. Qantas decides to clawback remuneration from Alan ...

2 months 1 week ago
Denise Baker

This is why I left my last position. There was no interest in giving the client quality time, it was all about bumping ...

2 months 1 week ago
gonski

So the Hayne Royal Commission has left us with this. What a sad day for the financial planning industry. Clearly most ...

2 months 1 week ago

A Sydney-based financial adviser has been banned from providing financial services in the interest of consumer protection after failing to act on conduct concerns. ...

3 weeks 3 days ago

ASIC has cancelled the AFSL of a $250 million Sydney fund manager, one of two AFSL cancellations announced by the corporate regulator....

3 weeks 1 day ago

Having divested its advice business in August, AMP is undergoing restructuring in at least four other departments amid a cost simplification program....

2 weeks 5 days ago