Madison and OneVue extend white label
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.
Recommended for you
Apostle Funds Management has appointed the newly created position of director, head of wholesale as the firm expands its Australian footprint in the wholesale sector.
Recruitment manager Robert Half has shared the most in-demand roles in financial services that firms are finding difficult to fill, driven by ASIC’s growing focus on risk and compliance.
ASIC chief executive, Warren Day, is among senior executives to depart the corporate regulator amid changes to its leadership team.
Iress has completed the sale of its platform business, bringing $4.1 billion in funds under administration over to Praemium.