AIOFP signs up OneVue
The Association of Independently Owned Financial Planners (AIOFP) has selected the OneVue platform as a new private label solution to partner with its privately owned Personal Choice Management platform.
Personal Choice Management is a platform joint venture company that is 98 per cent owned by AIOFP members and 2 per cent owned by the AIOFP on behalf of its members. The OneVue deal is the second private label partnership the AIOFP has initiated since last year.
OneVue chief executive Connie Mckeage said she was pleased the AIOFP had selected OneVue's unified managed account platform which would deliver broader solutions to AIOFP members, particularly in the instance of establishing self-managed super funds.
OneVue would be providing AIOFP with a wholesale price which is the administration fee - the same as it does for all its customers, Mckeage said. The deal was a good fit because OneVue already supplied a number of the AIOFP's members, she added.
In a statement, AIOFP executive director Peter Johnston said the real draw card was that the OneVue platform could administer numerous assets and liabilities, and therefore provide an end-to-end SMSF solution for financial advisers and their clients.
"Through the OneVue platform financial advisers can also manage separately managed accounts, fixed interest securities and term deposits, traditional wrap accounts, managed funds, listed securities and cash all on the one platform," he said.
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