Colonial First State has announced a “significant milestone” with its wrap platform business, Custom Solutions, reaching $15 billion in funds under administration.
Custom Solutions general manager Chris Stevens said the FUA reached is a “strong endorsement” of CFS’s investment in the product range.
“At a time when much of the industry has been focused solely on the impacts of regulatory reform, we have managed to also release significant product enhancements into the market.” Mr Stevens said.
“We recognise the additional pressure advisers are facing and have released key improvements such as our Adviser Dashboard and enhancements to our direct equity offering that will help advisers run a more efficient business, freeing up more time for them to demonstrate value to their clients.”
The milestone follows CFS’s FirstWrap being named ‘best overall platform’ in this year’s Investment Trends Platform Report.
A financial services provider whose advisers recommended clients roll over their super into SMSFs and use those funds to ...
With another federal election looming, Labor must now ask: has it really cleaned up the “hot mess” in financial ...
The FAAA’s newly launched Federal Election Hub has painted an interesting picture, one where those scorned by advisers ...
Never miss the stories that impact the industry.
Get the latest news! Subscribe to the ifa bulletin