MDS partners with Morningstar amid service offering expansion

Self-licensing specialist My Dealer Services (MDS) has announced new partnerships with five businesses to expand its offerings amid a period of growth.

Forming its first platinum partnership, MDS has teamed up with Morningstar to allow the group’s network of 400 advisers to access Morningstar’s wide breadth of capabilities across financial planning tools, management accounts, and investment research solutions to streamline business operations.

MDS has also partnered with Retiremap Quantum, a fintech firm, to provide members with cost-effective access to financial advice modelling solutions, as well as Peloton Partners, a pricing consultant specialising in accurately pricing financial advice services, helping advisers ensure they are properly valuing their services.

Notably, the group has commenced working with advicetech provider intelliflo to support members with practice management and digital client engagement software, and Tardigrade Capital, a specialist in helping advisers and their clients evaluate and utilise private asset investment options, particularly in the private credit sector.

These partnerships come on the back of considerable growth from the group which has seen 15 new AFSLs join as members since the start of 2025, bringing the number of self-licensed practices it supports up by more than 10 per cent to 110 AFSLs.

Noting this progress, MDS director and founder Alex Euvrard said the group remains on track with its goals to support more advisers with the self-licensing process through expanded service offerings.

“Over the coming months, we will be reaching out further to the wider adviser community to share our core belief that self-licensing is nothing more than removing a layer to allow advisers and practices to run their business their way, with the client front and centre of everything they do,” Euvrard said.

Taking advantage of this momentum, MDS head of strategy Ashley Mahadeea said: "We remain dedicated to empowering members with resources and partnerships that drive better client outcomes. Carefully selecting the right product and service providers to support MDS members is another step towards that commitment.”

This announcement follows MDS’ deal with Colonial First State (CFS) in March to deliver technical guidance to the group’s adviser network from CFS’ FirstTech technical services team.

Primarily, this includes up-to-date online technical reference and strategy guides covering superannuation, tax, self-managed super funds (SMSFs), aged care, social security, and estate planning.