BetaShares introduces practice development offering for advisers

Amid a changing financial advice landscape, BetaShares said the new service would provide support for financial advisers with a range of tools, information, and content for use in their practices.

Financial advisers can, according to BetaShares, access tailored resources and tools to assist with creating an investment philosophy, practice growth, coaching clients, and portfolio construction.

Additional resources will be made available over time in relation to capital markets insights, marketing and growth, and responsible investing.

BetaShares added that the tools will be available on its website, and that advisers that want more information can book a session with in-house experts.

The fund manager has appointed Damon Riscalla to lead the service in the newly created role of national head of practice development. Previously the national manager – adviser services, in his new role, Mr Riscalla will partner with financial advisers to help them make full use of the support.

BetaShares head of distribution and capital markets, Peter Harper, said financial advisers can use the range of tools and resources to enhance their businesses and better serve their clients.

“With our new service, we’re aiming to further support financial advisers by sharing the knowledge and expertise we’ve built over a decade of helping Australians progress their financial goals,” Mr Harper said.

“We hope that financial advisers around Australia will leverage the purpose-built resources to help grow and scale their practices.

“Our dedicated adviser services team, range of investment experts, and the broader BetaShares team are available to assist on these important activities where needed.”

Mr Riscalla added that BetaShares aims to assist financial advisers to take advantage of the opportunities the changing advice landscape presents.

“Despite the financial and regulatory challenges facing financial advisers, we are optimistic about the future of the sector and want to help advisers build successful practices,” Mr Riscalla concluded.