Securitor in practice management pact
Sealcorp-owned financial planning groupSecuritorhas kicked off a new practice management department after appointing a division head and striking an alliance with practice management specialist firm, Strategic Consulting and Training (SCAT).
Securitor, which merged with sister dealer group Pact in 2003 after an announcement back in August of the same year, has appointed Richard Liverpool as practice development national manager, while SCAT will provide strategic consulting and coaching to the group’s business development managers and planners.
Liverpool, who reports to group general manager Sean West, will be responsible for supporting the firm's existing planners and expanding this network further.
SCAT, which is headed up by industry consultant Jim Stackpool, will provide benchmarking services to Securitor to assist its planners in their quest to continued business efficiency and productivity improvements.
“This range of initiatives signifies the next stage of growth for Securitor following the successful merger with Pact in 2003. We are committed to continue building partnerships with financial planning businesses,” West says.
“Today there is more pressure and demands placed on planners than ever before — choosing the right partner in a dealer group, will make all the difference.”
More than 450 financial planners are licensed through Securitor, which has over $6 billion in funds under advice, has over 450 authorised representatives, with a further 250 through 45 dealer groups subscribing to its range of dealer services.
Recommended for you
BT is to launch a new low-cost “Focus” investment menu for its Panorama platform this October, in partnership with Vanguard, seeking to compete with industry superannuation funds.
Net gains of financial advisers have already doubled since the start of FY25, according to this week’s Padua Wealth Data, with momentum gathering pace far faster than the previous financial year.
National advice firm MiQ Private Wealth has appointed a new chief executive to lead the business through a “transformative era” after penning a partnership deal with AZ NGA earlier this month.
WT Financial’s managing director, Keith Cullen, believes the firm’s Hubco model with Merchant Wealth Partners will be a “repeatable growth model” for the business as it scales its adviser numbers.
