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.
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