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

So we are now underwriting criminal scams?...

4 months 2 weeks ago

Glad to see the back of you Steve. You made financial more expensive, not more affordable as you claim, and presided ...

4 months 3 weeks ago

Completely agree Peter. The definition of 'significant change is circumstances relevant to the scope of the advice' is s...

6 months 3 weeks ago

Commonwealth Bank has formally dropped to zero advisers following LGT Crestone’s acquisition of its advice arm – some six years on from the Hayne royal commission. ...

2 weeks 1 day ago

ASIC has cancelled the AFSL of an advice firm associated with Shield and First Guardian collapses, and permanently banned its responsible manager. ...

1 week ago

ASIC has banned a former NSW adviser from providing advice for 10 years for investing at least $14.8 million into a cryptocurrency-based scam. ...

1 week 1 day ago

TOP PERFORMING FUNDS

ACS FIXED INT - AUSTRALIA/GLOBAL BOND
Fund name
3y(%)pa
1
DomaCom DFS Mortgage
92.15 3 y p.a(%)
3