Worn and Satchell launch wealth tech advisory arm
Following the departure from Enzumo, Peter Worn and Aron Satchell have announced an expansion of Finura Group’s reach into technology consulting, and launched an independent wealth technology advisory arm.
They said the goal was to bring wealth management technology firms closer to customers as with more international players entering the Australian market, there was an abundance of technology choice; however the real challenge remained in the execution.
This was particularly visible in financial advice, a sector which was underinvested in technology.
“Whilst we knew there was strong demand for our digital content services, our backgrounds in wealth management technology consulting made it a natural next step for us,” Satchell said.
“We are already working with several leading wealth management organisations and are excited to play our part in the digital transformation of client experience and advice delivery. We are well underway in expanding our team and look forward to announcing more details on this and our partnerships.”
Finura worked with enterprise software, fintech companies, product manufacturers and advice firms engaged in digital transformations.
AUTHOR
Oksana Patron
Recommended for you
Two advisers say M&A is becoming a “contact sport” as competition heats up to acquire attractive advice firms, while a lack of new entrants creates roadblocks in organic growth opportunities.
Perth advice firm Integro Private Wealth has appointed a head of advice to spearhead a major business development initiative to expand nationwide.
AZ NGA has taken a larger stake in ex-AMP advice firm Geographe Financial Group, triggering leadership changes as it prepares for future M&A growth opportunities.
Over half of financial advice clients say they have found their adviser via a referral from an existing client, according to Dimensional.
