Premium signs on with ARC
DEALER groupPremium Accountinghas signed on with Adviser Resource Centre (ARC), pushing the number of dealer groups signed to the service this year into double figures.
ARC says the signing of the groups is further evidence of the growth of communication and compliance management as key arenas of business competition in the Australian financial services industry.
According to Adviser Resources (ARC provider) chief executive Ken Boag, communication, both within dealer groups and from advisers to clients, is now equal in importance to product knowledge and range.
“The majority of an adviser’s value offering as perceived by the client relates to how frequently, professionally and reliably the adviser shares information and decision-making possibilities with them,” Boag says.
Premium joins groups such as AI & FP,Mawson GroupandAustChoice, which signed up to the online business communication and compliance service earlier this year.
Recommended for you
With the final tally for FY25 now confirmed, how many advisers left during the financial year and how does it compare to the previous year?
HUB24 has appointed Matt Willis from Vanguard as an executive general manager of platform growth to strengthen the platform’s relationships with industry stakeholders.
Investment manager Drummond Capital Partners has announced a raft of adviser-focused updates, including a practice growth division, relaunched manager research capabilities, and a passive model portfolio suite.
When it comes to M&A activity, the share of financial buyers such as private equity firms in Australia fell from 67 per cent to 12 per cent in the last financial year.