Diverger’s Paragem partners with The Wealth Network
Diverger, formally known as Easton Investments, has partnered its Paragem network with The Wealth Network (TWN) through merging service offerings to better enable early-stage advice practices to access coaching and licensee with scale.
Diverger managing director, Nathan Jacobsen, said his business was passionate about helping advisers grow their practice in an environment of declining adviser numbers.
“The partnership with The Wealth Network will support the growth of new advice firms and a great opportunity to leverage the respective strengths of both businesses,” Jacobsen said.
Dean Holmes, director, The Wealth Network, and Craig Kouimanis, head of Paragem, shared their optimism about the future of advice and the partnership’s potential to ensure that advice businesses would get the services that they needed.
Through the network, Holmes would partner with advisers looking to build and grow successful businesses by providing them with the coaching, mentoring and execution support they needed to be successful.
So far five advice businesses have taken part in the strategic partnership by joining Paragem after being coached by TWN.
Holmes said: “Partnering with Paragem will allow TWN firms to access market leading compliance and advice support whilst allowing our team to increase their focus supporting advice firms”.
AUTHOR
Liam Cormican
Recommended for you
With a large group of advisers expecting to exit before the 2026 education deadline, an industry expert shares how these practices can best prepare themselves for sale to compete in a “buyer’s market”.
Australia has marked a decade among the best countries for retirement, according to Natixis, but with high inflation threatening their retirement goals, a third say they would get professional advice to improve their chances.
When it comes to the risks of acting as a responsible manager at an AFSL, compliance firm Holley Nethercote has shared a range of red flags that could see them facing disciplinary action from the corporate regulator.
Wealth management platform provider Netwealth has announced a partnership with FinClear to streamline trading capabilities for advisers.
