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Wealthtrac admin service increases efficiency

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By Rachael Micallef
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1 minute read

Wealthtrac has moved one step further to becoming a full-service distribution and administration service for independent advisers.

Developed in conjunction with Melbourne-based JC Consulting, a new back-office administration outsourced service has been launched, with staff in Australia and Thailand. Wealthtrac managing director and chief executive Matthew Johnson said the service would be particularly beneficial for sole practitioners and boutique advisory firms. JC Consulting Asia lets independent advisers outsource several time-intensive but low revenue generating activities to trained personnel based in Thailand. The Thai business is closely managed by Australia-trained general manager Mookdarin Sommark and director Richella Daly.