Madison Group has signed a five-year extension to its agreement to white label OneVue’s WealthPortal service.
The arrangement was confirmed to the Australian Securities Exchange (ASX) this week with both companies saying it reinforced their commitment to continuing growing and developing the WealthPortal offering which serves Madison’s 100 financial advisers nationally, as well as a number of non-Madison advisers.
Commenting on the arrangement, OneVue managing director, Connie McKeage said the relationship with Madisons had made her firm better and more focused as an investment platform provider.
Wealthportal managing director, Mark Perry said the next five years would be the most exciting yet for the partnership.
“Over the years the partnership has enable us to deliver a number of industry firsts,” he said. “We have a depth of industry-leading platform improvements, often initiated by our users, and we want to drive forward this agenda over the next few years with OneVue as our partner of choice.