Count selects Bell Direct for direct equities
Count Financial has selected Bell Direct’s Desktop Broker as an additional online equity trading platform, which Count stated would be beneficial for its advisers managing direct equity investments.
Count Financial senior executive for research and product, Rachel Griffith, said Desktop Broker would assist the group’s ambition to provide its advisers with the best possible tools “to help them give trusted advice to clients”.
Bell Direct is partly owned by Bell Financial Group, which allowed it to leverage off the skill and experience of Bell Potter Securities’ in-house equity research team and other services, said Bell Direct chief executive Arnie Selvarajah.
Recommended for you
Insignia Financial has reported net inflows of $448 million into its asset management division in the latest quarter, as well as popularity from advisers for its MLC managed accounts.
Two Australian active fund managers have been singled out by Morningstar for their ability to achieve consistent performance and share price growth in the past 12 months.
Pinnacle Investment Management has expanded its private market coverage, forging a strategic partnership with a private markets manager via a 13 per cent stake acquisition.
Active fund managers without a strong distribution platform will be “left behind”, believes Magellan, as it pivots its business away from being a traditional asset manager.