Platform provider removes institutional profit
Product providers needed to give advisers, and especially traditionally focussed risk advisers, cost-effective solutions that work well for clients, Valant Capital believes.
The newly created platform, investment, and insurance solution provider said it had removed much of the institutional profit to create cost-effective investment and insurance solutions.
Valant Capital director, John Morrison, said: "To spark the interest of advisers, particularly those who have traditionally focussed on providing risk advice, you have to give them cost-effective solutions that really work for their clients and that make their job easier".
"We believe we have a solution that is appropriately priced, that really delivers in terms of features, and that is easy to understand and easy to use," Morrison said.
"By removing much of the institutional profit we believe we have arrived at pricing which, gauging by adviser interest, is obviously about right."
Valant has been providing investment solutions to Synchron advisers and is the distributor of the Powerwrap's high wrap investment account, superannuation account, and pension account.
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