MyPlanner picks up 7 advice firms

MyPlanner managing director Philippa Sheehan said there are now 175 planners in the network, with Ms Sheehan having recently welcomed seven practices, including Investment Advisory Network, Advicewealth and Vital Insurance.

Others include Belfast Wealth Management, Flare Financial Services, Custodian Financial Planning and BPM Financial.

Some of those firms have crossed over from a variety of institutionally-aligned licensees, including AMP's Charter Financial Planning, Suncorp's Guardian Advice and IOOF's Consultum Financial Advisers.

"Our key focus is on staying non-aligned and privately owned. We have seen planners wanting to partner with a collaborative licensee who can truly help them offer value to their clients," Ms Sheehan said.

"MyPlanner continues to focus on the culture of the group and ensuring that all planners fit not only with compliance measures, but also with the 'family feel', which is important."