Dealer group Total Financial Solutions Australia (TFSA) has renewed its partnership with platform Oasis Asset Management, extending their contract for another five years.
The strategic partnership began in 2002 and TFSA managing director Michael Scott said the positive relationship that had developed between the two companies since that time had led to the contract renewal.
As part of the relationship, Oasis worked in conjunction with TFSA to develop a brand, Dominion, specifically for the dealer group’s advisers and which incorporates customised superannuation and investment products.
“Since establishing the Dominion brand on the Oasis platform, we have been able to deliver a quality platform offering to advisers and their clients, and we are confident that Oasis will continue to meet the needs of our stakeholders as its platform evolves into the future,” Scott said.
In the last 12 months, TFSA’s funds under advice on the platform have grown by more than 60 per cent, with the dealer group inching towards the $500 million milestone.
This achievement will coincide with Oasis reaching its own milestone of $5 billion in funds under management.
