HUB24 partners with Lifespan
Investment and superannuation platform provider HUB24 announces a new white label partnership with Lifespan Financial Planning.
The white label arrangement sees Lifespan's network of representatives given access to HUB24's investment administration software as well as a range of customised portfolios.
HUB24's managing director, Andrew Alcock said the partnership was reflective of growing demand for the company's wealth management platform.
"We're looking forward to working with Lifespan's extensive network of representatives," he said.
"We continue to experience strong demand for our wealth management platform, which offers broad and unbiased choice for independently-minded advisers."
Lifespan's chief executive, Eugene Ardino, said that HUB24'S platform technology will allow the company to provide a second offering that will combine managed portfolios of Australian and international direct equities with managed funds inside a customised investment solution.
"Lifespan has been offering clients access to its limited managed discretionary account services since 2011," he said.
"This [white label arrangement] will provide more choice for our advisers, plus a more flexible and tax effective solution for many of our clients."
Currently, Lifespan supports more than 110 offices throughout Australia and has over $1.5 billion in funds under advice.
HUB24 confirmed the new white label platform is expected to go live next month and will include an investor directed portfolio service as well as a superannuation service.
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