New masterclass series to help advisers ‘think bigger, aim higher’

Colonial First State (CFS) has announced a new masterclass series designed to inspire Australian financial advisers “think differently about their approach to business, their teams, clients – and life in general”.

The Centre Stage program focuses on three themes - creating a high-performance culture; using storytelling and authentic communication to deepen client relationships, and embracing innovation in advice businesses – which will feature presentations from names such as Next Evolution Performance CEO and co-founder, Vanessa Bennett and Speakers Institute and Speakers Tribe CEO and founder, Sam Cawthorn.

“Despite the headwinds Australia’s economy is facing, advisers are optimistic about business conditions, the outlook and future revenue growth in the advice industry,” CFS chief distribution officer, Bryce Quirk, said.

“Demand from clients for quality financial advice continues to grow, with 2.6 million Australians intending to seek advice within the next two years.

“That’s why now is a great time for advisers to think about the best way to position their businesses for the future.”

The free masterclasses have been delivered as short videos that can be accessed on demand.

Mr Quirk added: “Our masterclass series will help advisers to build practical skills that will empower them to drive change in their businesses and make it easier and more efficient to deliver advice to their clients.”

The news comes after CFS announced that Jonathan Armitage will take over as chief investment officer from Scott Tully who will depart in August.

With almost 30 years of global experience and having worked in Australia, the UK and the US, CFS said Mr Armitage is a highly regarded investment executive with a strong reputation as a leader in asset management. 

CFS chief executive of superannuation, Kelly Power, commented that CFS is “pleased to have Jonathan on board,” and that his strong skill set, experience in global asset management, and his general track record of success will help CFS “deliver market-leading investment performance for members in the future”.

“Jonathan’s appointment further strengthens our investments team capabilities and, with other changes we have made, is helping to make CFS one of the most competitive retail superannuation and investments businesses in Australia,” Ms Power said. 

Previously, Mr Armitage worked as chief investment officer and general manager of asset management at MLC, where his responsibilities included managing fixed income, multi-asset diversified funds, private equity and alternative capabilities. 

Neil Griffiths

Neil is the Deputy Editor of the wealth titles, including ifa and InvestorDaily.

Neil is also the host of the ifa show podcast.