ING Financial Planning unveils new dealer group
Mercantile Mutual’s parent company, ING has officially launched a new dealer group under the umbrella of ING Financial Planning.
The new group, Partnership Planning, was formed following the consolidation of Mercantile Mutual's two previous dealer groups, Bleakleys and Advisor Investment Services (AIS).
Like Bleakleys and AIS, the new dealer group will work with accountants who want to develop and build a full time financial planning service into their accountancy practices.
Partnership Planning general manager Mike Walker says the group's stance to provide accountants with financial planning not only enables accountants to better service existing and potential clients, but assists them in developing an additional revenue base.
He says Partnership Planning differs from other financial planning dealer groups in that it acts as a partner from inception, advising accountancy practices on the best approach and the most appropriate business model.
"The group is committed to offering business solutions to accountants which will add measurable value to their business," he says.
Walker will be joined by newly appointed manager technical strategy, Louise Biti and head of company research, Lynne Curtis.
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.
