Fiducian Financial Services plans to expand its administration capability this year and may shop its own platform around to other dealer groups, according to the firm’s chief.
Fiducian would develop its administration capability mostly through organic strategies, managing director Indy Singh told InvestorDaily.
“We have our own platform and one of the ways that we can grow is that your own adviser network provides the funding,” he said.
“The other thing is because we have that knowledge and capacity we can offer it to other dealer groups who want to have their own platform or their own badge or whatever.”
While Fiducian were already offering their platform to two dealer groups in Victoria, Singh would not be drawn on who these groups were.
Other projects in the pipeline for this year involved developing the group’s self-managed superannuation fund capability, Singh said.
“We’re always looking to do badges and we’re looking now to expand self-managed superannuation funds capability, and our India fund is now on other platforms to distribute funds management,” he said.
