SEARCH
Lumiant looks to growth with ex Midwinter, Shadforth recruits
Lumiant looks to growth with ex Midwinter, Shadforth recruits
The emerging advice technology group has made two key appointments as it completes a crowdfunding round from investors.
In a statement, Lumiant said it had appointed former Midwinter chief executive Jeff Hall as a director to its board, while Shadforth founding director David Haintz would come on board as an ambassador for the group.
Lumiant CEO Santi Burridge said the new appointments would help the company drive growth as more advisers discovered the benefits of “life-centred advice”.
“With Jeff and David joining the team, advisers have two of the industry’s most influential executives supporting them in their journey towards life-centred advice. Both have a passion for enhancing the value proposition for Advisers and helping them to deliver extraordinary advice,” Mr Burridge said.
“There is a complete alignment between Lumiant, Jeff and David, which makes these appointments so exciting. Not only will they bring incredible knowledge and experience to Lumiant, but they will also unlock new growth opportunities for the company. There is no bigger endorsement that what we’re doing is right for us and the industry at large.”
The group said Mr Haintz’s role would centre around helping grow Lumiant’s brand in Australia and globally.
Mr Haintz, who recently appeared at ifa’s Business Strategy Day, said the platform provided a solution to the issues many advisers were facing in articulating their value as the industry moved to a flat-fee, service-based proposition.
“As advisers move from price-takers to price-makers, many struggle to articulate their value. This creates an issue around cost, as they cannot demonstrate the value of their advice. Lumiant removes this issue as it shifts the conversation from product to people and from money to meaning,” Mr Haintz said.
“The beauty of the Lumiant platform is that it captures all these wonderful conversations in a high-fidelity platform that enables Advisers to demonstrate both the tangible and intangible value of advice. I don’t believe there is another platform on the market that captures ‘above the line’ advice as well as Lumiant that ultimately helps clients to live their best possible lives.”
Mr Hall, who has previously worked in senior management roles at EY, Macquarie and Accenture, said the platform would fill a key gap in the market for technology-assisted client engagement tools.
“Having been in the financial services industry for many years, I see a lot of opportunity for new technology to assist and serve financial planners. While there are smart investment and managed accounts platforms, there has been very little to support Advisers in nurturing their relationships with clients,” Mr Hall said.
“Lumiant provides advisers with an extraordinary client experience through its software supported advice process. I am delighted to join Lumiant and be part of its journey in transforming the advice sector.”
The appointments come following the group recently raising more than $700,000 from investors as part of a seed equity crowdfunding round.
Want more content on technology and innovation? Register now for the Adviser Innovation Summit 2020.
About the author
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
OUR PLATFORMS AND BRANDS
- Accountants Daily
- Accounting Times
- Adviser Innovation
- Australian Aviation
- Cyber Daily
- Defence Connect
- Fintech Business
- HR Leader
- Independent Financial Adviser
- Investment Center
- Investor Daily
- Lawyers Weekly
- Money Management
- Mortgage Business
- Nestegg
- Property Buzz
- Real Estate Business
- Smart Property Investment
- SMSF Adviser
- Space Connect
- Super Review
- The Adviser
- Wellness Daily
- Which Investment Property
- World of Aviation
EVENTS AND SUMMITS
- Accountants Daily 30 Under 30 Awards
- Adviser Innovation Summit
- Australian Accounting Awards
- Australian Aviation Awards
- Australian Broking Awards
- Australian Defence Industry Awards
- Australian Law Awards
- Australian Space Awards
- Australian Space Summit
- Better Business Summit & Awards
- Corporate Counsel Summit & Awards
- Cyber Security Summit & Awards
- Defence Connect Budget Lunch
- Defence Connect DSR Summit
- Fund Manager of the Year Awards
- ifa Excellence Awards
- ifa Future Forum
- Investor Daily ESG Summit
- Lawyers Weekly 30 Under 30 Awards
- Lawyers Weekly Women in Law Forum
- Mortgage Business Awards
- New Broker Academy
- Partner of the Year Awards
- REB Awards
- Reinnovate
- SME Broker Bootcamp
- SMSF Adviser Technical Day
- Super Fund of the Year Awards
- Women in Finance Awards
- Women in Law Awards
- Accountants Daily Podcast Network
- The Adviser Podcast Network
- Australian Aviation Podcast Network
- Defence Connect Podcast Network
- HR Leader Podcast Network
- The ifa Show
- The Lawyers Weekly Show
- Mortgage Business Podcast Network
- REB Podcast Network
- Relative Return
- The Smart Property Investment Show
- Space Connect Podcast
PODCASTS
LEARNING AND EDUCATION
MOMENTUM MARKETS NETWORK
LINKS
STAY CONNECTED
Subscribe to the Adviser Innovation eNewsletter.
