Coin deals keep coming
Coin software has signed its first major contract with a large financial planning firm since its purchase by MacquarieBank in May this year.
MBF-owned financial planning company ClearView RetirementSolutions will roll out the software to over 40 paraplanners and advisers at Christmas, and to the rest of the business by June 2006.
The ClearView contract would add to the swag of smaller boutiques that have signed to Coin since the Macquarie Bank purchase.
“Since then [the Macquarie Bank purchase] we’ve been ploughing through the boutiques,” Coin managing director Tony Graham said.
According to Graham, since June this year Coin has more than doubled its presence in individual practice boutique financial planning operations from 60 to 140.
The ClearView deal is another big win for Coin, with its flagship Strategy advisory software product now used by Suncorp, DKN and Financial Services Partners and most planners from the Commonwealth Bank (CBA) and Westpac.
Graham said rollouts to CBA and Westpac were still in progress, but should be completed within the next few months.
ClearView has close to 40 authorised representatives, spread mainly across NSW, with two in Queensland and one in Victoria.
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