Lend Lease launches back office business
Lend Lease Financial Services has set its sights on the booming back office mar-ket, with the launch of ThreeSixty.
Lend Lease Financial Services has set its sights on the booming back office mar-ket, with the launch of ThreeSixty.
Following on from the continuing success of groups like BT Portfolio Services and Perpetual Fund Services, ThreeSixty describes itself as a “business system for li-cenceholders”. The new company will offer planners practice management services and assistance with client management processes to dealer groups.
ThreeSixty will offer its clients access to portfolio management through stable mate FlexiPlan’s master trust services. Separate fees for FlexiPlan will apply.
Garry Mulcahy is chief executive officer for ThreeSixty. He is also chief executive of FlexiPlan.
Mulcahy says CLERP 6 will offer “a great opportunity” for outsourcing operators, and will particularly benefit multi-agents making the transition to offering full planning services without being bogged down by compliance issues.
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