Centrepoint Alliance makes senior distribution hire
Centrepoint Alliance has hired Colette Thunig as head of distribution for platforms and investment management.
Thunig previously worked as the head of distribution and corporate client relationships at financial advice platform Otivo and also spent 13 years as a business development manager at AMP.
Within the role at Centrepoint, she will be responsible for the licensee’s distribution strategy, business growth and client relationship across its IconiQ platform and Ventura IQ managed portfolios.
She said: “I am passionate about ensuring relationships and clients are at the centre of all strategic planning to create impact and connection. With 30 years of financial services experience, I am results driven, authenticity is extremely important, and I believe in imparting value to a relationship that is sustainable, knowledgeable and innovative.”
The launch of a superannuation and investment platform has previously been flagged as one of the firm’s strategic priorities for FY25.
In its annual general meeting on 15 November, the firm detailed the launch of its IconiQ investment platform which went live in October. A separately managed account part and a superannuation part are scheduled to go live in December which will offer a broad range of diversified portfolios contracted by fund managers and asset consultants.
Built in a partnership with FNZ, the platform will empower financial advisers to manage clients’ superannuation and investment portfolios for a base administration fee of 18 bps.
Chief executive John Shuttleworth said: “The IconiQ platform will empower financial advisers to effectively manage their clients’ superannuation and investment portfolios. The intuitive user experience, advanced features, and competitive pricing structure will differentiate IconiQ as a leading platform solution.
“IconiQ’s pricing is sharp. There is a base administration fee of 18 bps, capped when balances reach $1 million, including related family accounts, and there is no minimum or standing fee per account. The super platform has an additional fee of 5.8 bps to cover superannuation specific costs.
“Accompanying the launch of the superannuation platform will be the release of the IconiQ separately managed account scheme. This will enable IconiQ to add a broad range of diversified portfolios contracted by fund managers and asset consultants.
“This is an incredibly exciting time for the business as we have developed key infrastructure for the group that we can build on over the next few years.”
AUTHOR
Laura Dew
Recommended for you
ASIC has cancelled the AFSL of an advice firm associated with Shield and First Guardian collapses, and permanently banned its responsible manager.
In the run-up to heavy losses expected at the end of the financial year, June has already reported consecutive weeks of adviser losses.
ASIC has banned a former NSW adviser from providing advice for 10 years for investing at least $14.8 million into a cryptocurrency-based scam.
ASIC has sent warning notices to social media finfluencers who it suspects are providing unlicensed financial advice to Australians as part of a global crackdown by international regulators.
