Adviser Innovation logo
Adviser Innovation logo
Advisor Inovation logo
Hub24 strikes white label deal with Fortnum

Hub24 strikes white label deal with Fortnum

author image
By tlewis ·
October 27 2015

Hub24 strikes white label deal with Fortnum

Platform provider Hub24 has signed a white label agreement with Fortnum Financial Group, providing the dealer group with access to its investment administration solution. 

Hub24 strikes white label deal with Fortnum
nestegg logo

The agreement - which is subject to approval by e-Clipse Unified Managed Account and e-Clipse Super services who currently hold approximately $650 million on behalf of Fortnum - will see a new white label developed for the advice group.

e-Clipse online head, Sal Torrisi, said the group's partnership with Hub24 means that Fortnum can devote greater resources to servicing existing clients and recruiting new advisers.

"By working with Hub24, we can provide an efficient, low-cost investment platform and achieve meaningful scale, which will allow us to drive down costs for investors and advisers," Mr Torrisi said.

The new platform will include both superannuation and investor-directed portfolio services with integrated custodial and non-custodial assets. The services are supported by Hub24's consolidated reporting and transaction solutions.

Advertisement
Advertisement

Hub24 managing director Andrew Alcock said the agreement reflects the increasing popularity of Hub24's platform as a wealth management solution.

"This is a great alignment for Fortnum and Hub24, where a high quality advice group has chosen a next generation wealth management platform that offers unbiased choice and market-leading technology."

"The deal is further endorsement of why Hub24 is the platform of choice for independently-minded advisers," Mr Alcock said.

 

 

 

Join the debate to improve the issues that surround affordability and accessibility within the advice industry at ifa’s brand-new event, ifa Future Forum.

Join your peers to uncover game-changing industry solutions to pave the way for solving the problem of accessibility and affordability. Utilise your extensive knowledge to formulate ideas and help futureproof advice. Register your free place now! ifafutureforum.com.au

Forward this article to a friend. Follow us on Linkedin. Join us on Facebook.
Find us on Twitter for the latest updates

Subscribe to our Newsletter

We Translate Complicated Financial Jargon Into Easy-To-Understand Information For Australians

Your email address will be shared with nestegg and subject to our Privacy Policy

latest articles