Consultum/WAFarmers alliance to aid farmers
Consultum Financial Advisers will provide financial advice to Western Australian farmers as part of an alliance with the Western Australian Farmers Federation (WAFarmers), fronted by the partnership’s new WAFarmers Financial Services.
WAFarmers Financial Services now has a team of Perth-based advisers led by Mike Jones, and all are authorised representatives with a thorough understanding of specific issues facing farmers and how to tailor financial advice to this demographic.
“These are critical times for farmers and there’s never been a time when financial advice was more necessary.
“Although the economy, drought and salinity are beyond the control of our members, financial security and control need not be,” said Doug Parker, chief executive officer of WAFarmers.
The alliance brings together WAFarmers, the state’s largest farmer lobby group, and Consultum, the Melbourne-based life-stage financial planning specialist backed by IOOF Group.
Parker said WAFarmers was “very excited by the alliance, [having] found an affiliate that shares the same values and service standards”.
Recommended for you
While model figures provide valuable insights on how advisers can draw benefits from managed accounts, Zenith’s head of portfolio solutions has argued that professional judgement and quality research are key to successful implementation.
While the number of financial services staff using AI has almost doubled in the last year, two surveys have revealed that fast-paced AI adoption has led to governance gaps and growing concerns about job security.
Entireti has partnered with Striver to connect graduates and job seekers with its advice network to support the placement of new talent.
ASIC has cancelled the Australian financial services licence of Ivy League Capital Pty Ltd, a firm authorised to provide advice in relation to managed investment schemes.

