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Clearview adds three practices

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By
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4 minute read

Clearview has added three advice practices and secured several APL listings for its products.

Listed adviser dealer group Clearview Wealth has recruited three practices to join the company: TSG Financial Solutions, East Coast Consultants and Knightcorp.

These three advice practices have increased the dealer group's adviser numbers from 57 as at 31 December 2011 to 66.

The practices also broaden the group's regional distribution footprint across Australia, with TSG based in Queensland, East Coast Consultants in New South Wales and Knightcorp in Western Australia.

Clearview recruited the practices as part of the firm's distribution strategy, which includes expansion in the life advice market.

 
 

Asked whether the recruitment efforts of Clearview had been impacted on by the Future of Financial Advice (FOFA) reforms and the resultant consolidation, Clearview managing director Simon Swanson said the effect was minimal.

"I think people would like to be associated with one of the few remaining independent planning groups," Swanson said.

"FOFA may have something to do with it, but I would not put too much on it."

Clearview also saw its life advice product suite, LifeSolutions, being added to seven more dealer group approved product lists (APL).

"This significantly increases the group's access to independent advisers across Australia," the company said.

ClearView's LifeSolutions products now sit on 13 APLs, giving access to about 2000 advisers.