Matrix Planning Solutions’ growth has seen it adopt BT Financial Group’s new wrap platform in addition to its existing provider, Oasis.
Matrix expects the BT badge to further strengthen its attractiveness to potential recruits.
“Most advisers we speak to about joining our business have an existing relationship with BT or are aware of their strong platform capabilities,” Matrix managing director Rick Di Cristoforo said.
Di Cristoforo said Matrix would also continue to use its existing platform provider, Oasis.
“We continue to have a strong established relationship with our alternative platform provider, Oasis. However, our inflows have grown to a stage where we can support the choice provided by a second badge.”
MX Wrap, launched to financial advisers this week, provides administration and investment solutions to both super and non-superannuation clients of the independently owned Matrix.
Di Cristoforo said BT Wrap’s functionality, stability and scale, as well as BT’s continual investment in service and product innovations were key to Matrix’s considerations.
