Frontier Advisors ranked number one asset consultant


Frontier Advisors was voted the top asset consulting firm by Australian institutional investors in a survey by Peter Lee Associates Investment Management (PLA), which examined personnel at 110 funds.
According to the results of the survey, the company was ranked first in eight of twelve individual categories and first in the all-important relationship strength index (RSI), with Frontier’s RSI score being clear of the scores of other major asset consulting firms.
The survey also found that Frontier scored strongly in relation to ‘likelihood to recommend’, with only one other firm registering a positive measure in this assessment.
Frontier’s acting chief executive, Kim Bowater said the results reflected the firm’s customised service model supported by a technology platform.
“We have been resolute in our focus to deliver an evolving set of services to match investors’ changing needs and to ensure our interests are aligned with our clients’ interests, and those of the people they are ultimately investing for,” he said.
“Our ownership model and commitment to independent advice means we can concentrate simply on delivering our best investment ideas to clients, and the highest quality of advice.”
Frontier also gained a long-term appointment from four new clients, with four others subscribing to its technology platform, and a further ten investors commissioning them for project engagements.
Recommended for you
ASIC has launched court proceedings against the responsible entity of three managed investment schemes with around 600 retail investors.
There is a gap in the market for Australian advisers to help individuals with succession planning as the country has been noted by Capital Group for being overly “hands off” around inheritances.
ASIC has cancelled the AFSL of an advice firm associated with Shield and First Guardian collapses, and permanently banned its responsible manager.
Having peaked at more than 40 per cent growth since the first M&A bid, Insignia Financial shares have returned to earth six months later as the company awaits a final decision from CC Capital.