Centrepoint launches new adviser portal
Centrepoint Alliance has launched a new online application portal to streamline the transition process for new advisers applying to join the firm.
The firm’s head of advice services, Karen Machovsky, said the firm assigned a dedicated practice transition coordinator to assist advisers through the process. The firm also created an online portal to reduce paper-based processes.
“All the information required through data input only needs to be entered once, as it is repopulated into any subsequent forms if the adviser is successful in their initial application,” she said.
“Moving from one dealer group to another is a really arduous process, with all sorts of regulatory issues to be considered, as well as lots of paperwork.”
Centrepoint would also contact every product provider to inform them of the adviser’s transition, and follow up to ensure completion.
“Our message to advisers is, if you are thinking about leaving your current dealer group but are daunted by the whole process, we have an easy streamlined process and a dedicated person who will guide you through it,” Machovsky said.
Centrepoint also announced its group executive for investment solutions, Mat Walker had resigned from his position and would finish the role in August.
Managing director, John de Zwart said: “Mat has been with Centrepoint for nearly 13 years and has played an integral role on our executive team, responsible for the investment solutions division of our business”.
“During this time, he has overseen the growth in our funds under management and administration (FUM/A) to more than $3 billion.”
He added that after Walker took a break, he and the firm would discuss continuing to leverage his knowledge and experience in a consulting role.
AUTHOR
Malavika Santhebennur
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