Macquarie wins back-to-back adviser awards
Macquarie has won back to back flags in the 13th annual Assirt Research Service Level Awards, taking out both prizes for best platform provider and fund manager for the second year running.
Macquarie beat a field of 17 platform providers and 26 fund managers for the awards.
The awards, which were announced this week, were based on a survey of 765 financial planners chosen at random, who were asked to comment on the service they receive from the different groups.
Second place in the fund manager category went to Perpetual, with Colonial First State, Goldman Sachs JBWere and AXA (Alliance Capital) rounding off the top five.
Runner-up in the master trust/wrap provider category was Asgard, followed by Count's wealth-e-account and the Asgard eWrap, which were equal third, ahead of Colonial's FirstChoice.
Macquarie head of adviser services and executive director Neil Roderick says the award for service coincides with ongoing growth within the group's wrap business, which has increased by 37 per cent over the past financial year.
Macquarie adviser services head of product and marketing Matthew Rady says the group had been rewarded for listening to advisers.
"We've always been very focused on adviser needs, which means getting out there and asking advisers what they want," he says.
Recommended for you
As advisers risk losing two-thirds of FUA during the $3.5 trillion wealth transfer, two co-founders underscore why fostering trust with the next generation is vital to retaining intergenerational wealth.
As advisers seek greater insights into FSCP determinations, what are the various options considered by the panel and can a decision be appealed?
Amid the current financial adviser shortage, advice firm Link Wealth is looking to expand its financial literacy program for high school students across the country.
TAL Risk Academy has updated its range of ethics courses to help financial advisers meet their CPD requirements following adviser feedback, including interpreting FSCP determinations.
