Powered by MOMENTUM MEDIA
moneymanagement logo
 
 

Wealthtrac re-signs with ANZ's Oasis

platforms/ANZ/financial-advisers/chief-executive/

4 May 2012
| By Staff |
image
image image
expand image

Independent platform provider Wealthtrac has re-signed its service level agreement with ANZ Wealth's wholesale platform provider, Oasis Asset Management.

The six-year agreement came after considerable consideration of the needs of adviser members, Wealthtrac managing director and chief executive Matthew Johnson stated.

"The Wealthtrac model is different to many platforms, as the financial advisers who use it become beneficiaries of the trust that owns Wealthtrac. The agreement with Oasis is very favourable for the trust and will allow our member advisers to benefit from the future growth in value of our platform," he stated.

Johnson said there would be further announcements from the group in coming weeks.

Read more about:

AUTHOR

Recommended for you

sub-bgsidebar subscription

Never miss the latest news and developments in wealth management industry

MARKET INSIGHTS

Significant ethical issues there. If a relationship is in the process of breaking down then both parties are likely to b...

1 week 3 days ago

It's not licensees not putting them on, it's small businesses (that are licensed) that cannot afford to put them on. The...

2 weeks 3 days ago

So we are now underwriting criminal scams?...

6 months 3 weeks ago

After last month’s surprise hold, the Reserve Bank of Australia has announced its latest interest rate decision....

1 week 5 days ago

A professional year supervisor has been banned for five years after advice provided by his provisional relevant provider was deemed to be inappropriate, the first time th...

3 weeks 4 days ago

WT Financial’s Keith Cullen is eager for its Hubco initiative to see advice firms under its licence trade at multiples which are catching up to those UK and US financial ...

2 weeks 2 days ago

TOP PERFORMING FUNDS

ACS FIXED INT - AUSTRALIA/GLOBAL BOND
Fund name
3y(%)pa
1
DomaCom DFS Mortgage
74.26 3 y p.a(%)
3