Financial services firm Centrepoint Alliance has moved its wealth management divisions under a single umbrella as it looks to simplify the firm's business structure.
Centrepoint Alliance’s businesses will now operate as a single brand with related sub-brands, the firm said in a statement.
Associated Advisory Practices will be renamed Centrepoint Alliance Licensee Solutions, while Alliance Wealth and Professional Investment Services will be known as Centrepoint Alliance Financial Advice, the statement said.
Also, Centrepoint Alliance Lending and Centrepoint Alliance Premium Funding will combine to become Centrepoint Alliance Lending Solutions, while Centrepoint Alliance Investment Solutions will house Ventura, vMAPS, and platform solutions.
Centrepoint managing director John de Zwart said Centrepoint is well-positioned to take leadership in the industry and set new standards of service for its clients.
“This newly simplified structure gives our advisers and brokers easier access to our technology, research, training, and investment solutions, particularly for those who operate across multiple business lines,” Mr de Zwart said.
“That makes it easier for advisers and brokers to lead their business and focus on their clients, which ultimately results in better outcomes for all.”
The balance sheets of the big four banks are increasingly exposed to residential mortgages, as other forms of revenue generation become less...
New data reveals Australian investment banking activities generated US$1.4 billion in the first nine months of the year, a decrease of 27.9 ...
Bloomberg has announced US equity benchmark capabilities that will form the basis of its new ESG index family of investment products. ...