Fortnum approves FirstWrap



Dealer group Fortnum Financial Group has approved use of Colonial First State's FirstWrap platform.
Fortnum executive chairman, Ray Miles, confirmed approval of the platform for use by the group's advisers this week, saying it had entered into a mutually beneficial arrangement which would enable Fortnum advisers to better service their clients.
He described FirstWrap asing a good fit for his group.
Commenting on the arrangement, Colonial First State general manager of distribution, Matt Harrison, said the platform had been working closely with Fortnum and INNOVA Asset Management to ensure the platform met the needs of both and advisers and their clients.
"Colonial First State has long regarded Fortnum as a high quality advice business. We look forward to partnering with Fortnum to support the growth of their advice and portfolio construction businesses," Harrison said
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