Lonsec has been appointed the mandated research provider for InterPrac Financial Planning and would commence a bespoke onboarding program for advisers across this dealer group.
The advisers would join more than 4,000 Australian financial professionals in using Lonsec’s research portal, iRate.
“Qualitative research is at the heart of what we do at Lonsec and we have built iRate to support the research needs of all Australian advisers,” said Lonsec chief executive Michael Wright.
“We are delighted to come on board as InterPrac’s new research partner across their entire dealer group and in doing so, assist all of their advisers to have more informed and insightful conversations with their clients.”
iRate would provide the advisers with access to Lonsec’s range of financial product research, analytical tools, and ratings.
In addition to research of over 2000 investment funds and equities and 500 plus superannuation products, it would also offer portfolio construction and comparison tools to help advisers streamline their processes and meet their best interest duty and compliance obligations.
Garry Crole, managing director at InterPrac, stated: “In our evolving industry, one of our key priorities is working with a research house that has an extensive range of investment and advice solutions.
“Partnering with Lonsec will help broaden and strengthen the investment research capabilities for all our advisers.”
