Fortnum advisers to use CFS FirstWrap

The platform will be used by Fortnum’s advice network, which consists of 31 practice principals and 31 financial advisers across Australia.

Fortnum said FirstWrap was chosen on the basis that CFS has a “strong commitment to non-aligned financial advice businesses”.

“[CFS] understands that Fortnum values being owned by its staff and advisers, as well as innovation and collaboration,” Fortnum executive chairman Ray Miles said.

“As a result, we have a mutually beneficial arrangement which, in turn, will enable Fortnum advisers to better service their clients.”