Zenith picked up by Melbourne firm
Melbourne-based dealer group Securinvest Financial Planners has selected Zenith as its principal research adviser.
Securinvest, an independent Australian Financial Services licensee with around 17 authorised representatives, has its own dealers licence and life insurance brokers licence as well as its own accounting practice. Zenith will initially provide research to the head office business, which has nine advisers, according to Zenith.
“Zenith will support Securinvest’s existing internal research processes through the use of Zenith’s online research facility, investment committee support, and tailored model portfolio service,” said Zenith’s head of sales and marketing John Nicoll.
“In particular, we look forward to working with the team at Securinvest and supporting their long-established client model that focuses on risk minimisation investment philosophies that will address any unforseen downturns in future equities market.”
Nicoll said a growing number of adviser businesses are working more closely with their research providers, with advisers undertaking more detailed due diligence on their research provider to be confident they fully understand their individual processes and capabilities.
Zenith will be making more client announcements in the coming weeks, he added.
Recommended for you
Multiple industry organisations have shared their thoughts on AFCA’s proposed rules amendment, supporting the idea of firms being named publicly when they fail to comply with determinations.
Channel Capital has appointed a head of investment oversight who joins from 14 years at asset consulting firm JANA Investment Advisers.
Licensee Centrepoint Alliance has completed the acquisition of Brighter Super’s annual review service advice book, via Financial Advice Matters.
ASIC has launched court proceedings against the responsible entity of three managed investment schemes with around 600 retail investors.
