Back-office service provider Integratec has announced plans to add an integrated communications services division, Integratec Initiative, to its list of offerings for advisers and dealer groups.
“Many dealer groups and planners are finding it difficult to compete with the big corporates when it comes to producing marketing materials such as stationery and brochures … we thought it was a natural extension of our business,” says Integratec general manager John Prowse.
“Whether a business is a dealership whose clients are advisers, or an adviser, whose clients are end-consumers, a company must maintain a proactive marketing program to survive. This is a basic business growth strategy Integratec Initiative is addressing,” Prowse says.
Integratec has appointed John Whittingham and Sue Laing of Laing Advisory to head up the new division.
Laing was previously employed by Westpac Bank, which hired her to set up a third-party independent planning business before suddenly cancelling the idea in May this year.
In other news, Integratec’s parent company Tribeca Corporation announced its fourth quarter of positive cash flow, with net operating cash flow during the June quarter of $704,000, and cash reserves at the end of the quarter of $8.95 million.
