Omniwealth website offers support to independent financial advisers
Omniwealth has launched a new dealer group website aimed at promoting its best of breed services to its independent financial adviser network.
The new solution is an effort by the independent dealer group to support financial advisers who want to retain an autonomous brand but still need guidance and support to grow and develop their businesses.
The new solution provides financial advisers with investment research, an approved product list of managed funds, direct residential property and tailored equity solutions, as well as compliance and software support.
"Independent advisers are vulnerable to losing business to larger competitors, because they are so focused on providing dedicated financial planning services they risk neglecting other services that are important for clients - as well as vital to the ongoing development of their businesses," Omniwealth managing director Matthew Kidd said.
Omniwealth stated that financial advisers can reduce their dealer group fees by referring clients to additional services available on the website, such as accounting and audit, property, mortgage and finance and legal services.
In expanding its support to the independent financial adviser market, Omniwealth has also established an investment committee made up of senior industry figures who meet once a month to discuss the current economic outlook in order to provide clients with regular market insight.
"With the impending Future of Financial Advice regulations set to change the advisory landscape, it is a critical time for advisers looking to retain independence," Kidd said.
"By providing them with knowledge, best of breed services and the means to strengthen their own offerings through outsourcing, we expect to attract a significant number of independent advisers to our service over the next year."
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