Colonial First State drops Avanteos brand
Colonial First State Group is dropping its Avanteos Investments brand after six years, renaming it Colonial First State Custom Solutions. Colonial took over Avanteos in March 2003.
As part of the rebrand it has changed the name of its Avanteos platform to FirstWrap platform. The platform will continue to be operated by Avanteos. It will be available from June 8.
The FirstWrap platform has access to over 250 managed funds and Australian Securities Exchange listed securities, fixed interest and other unlisted investments, and provides web-based portfolio management tools for advisers.
Recommended for you
ASIC has permanently banned a former Perth adviser after he made “materially misleading” statements to induce investors.
The Financial Services and Credit Panel has made a written order to a relevant provider after it gave advice regarding non-concessional contributions.
With wealth management M&A appetite only growing stronger, Business Health has outlined the major considerations for buyers and sellers to prevent unintended misalignment between the parties.
Industry body SIAA has said the falling number of financial advisers in Australia is a key issue impacting the attractiveness and investor participation of both public and private markets.
