Count and Kingston choose E*Trade
Count Financial and Kingston Capital have signed up with E*Trade for the provision of wholesale listed securities broking services.
E*Trade head of broking services Don Sillar (pictured) said his company would be providing a “tailored broking solution” for both Kingston and Count.
He said he believed planners were seeking lower cost alternatives to direct share trading, and he regarded his company’s offering as a logical fit.
Confirming the arrangement, Count chief executive Andrew Gale said his company had opted to go with E*Trade because it provided a number of options and could be fully integrated with Xplan.
Kingston Capital chief executive Steve Thomson said that his company had previously traded through several brokers, and that the single broker arrangement would reduce risks and increase efficiency.
AUTHOR
Mike Taylor
Recommended for you
ASIC has permanently banned a financial adviser after he allegedly concealed information from clients and misused client funds, among other breaches.
Disgraced adviser Joshua Fuoco described himself as the “biggest monkey” at AFSL Group and provided financial advice via WhatsApp, all while being banned for 10 years, court documents show.
The Compensation Scheme of Last Resort has released the FY26 revised levy estimate, but the FAAA is concerned costs will be pushed into the following year.
Former Iress chief executive, Andrew Walsh, has been promoted to chair of a boutique Sydney advisory firm, having stepped down from the same position at Mason Stevens.
