Hillross signs up VisiPlan software
InvestorWeb has cut a deal with the AMP-owned financial planning business Hillross Financial Services to roll out the VisiPlan software to more than 70 Hillross sites.
InvestorWeb chief executive Otto Buttula says the deal with Hillross ends a long period in which the VisiPlan software was being taken up by various Hillross branches.
Up until now, about 40 of the Hillross sites had been using VisiPlan software and receiving training from InvestorWeb, but now the planning group has officially made the VisiPlanning software de rigeur for Hillross planners.
“This is a major contract,” Buttula says. “Everyone is after very reliable software, and VisiPlan has only ever been advertised twice, so its popularity with planners has been all word-of-mouth.”
Only two weeks ago ING’s Partnership Planning Group made a similar deal to use VisiPlan software. Buttula says the two contracts in short space of time “confirm VisiPlan’s pre-eminent position as the leading software for Australian financial planners”.
Buttula says to date, about 3400 VisiPlan and VisiWeb platforms are being used by financial planners industry-wide.
Recommended for you
With the final tally for FY25 now confirmed, how many advisers left during the financial year and how does it compare to the previous year?
HUB24 has appointed Matt Willis from Vanguard as an executive general manager of platform growth to strengthen the platform’s relationships with industry stakeholders.
Investment manager Drummond Capital Partners has announced a raft of adviser-focused updates, including a practice growth division, relaunched manager research capabilities, and a passive model portfolio suite.
When it comes to M&A activity, the share of financial buyers such as private equity firms in Australia fell from 67 per cent to 12 per cent in the last financial year.