Fractional property investing platform provider DomaCom has hired CARM GPS founder Matthew Lock as business systems general manager.
"Securing Matthew's services is a real coup for DomaCom as he developed the product and has the knowledge and skill pertaining to it," DomaCom chief executive Arthur Naoumidis said.
"His involvement ensures we can maintain the product to a high standard as we roll it out to financial planners around Australia.
"DomaCom will announce the start of a trial service to interested advisers in July, but we are taking expressions of interest from advisers now."
Lock not only founded CARM GPS, but spent 10 years as the operation's managing director, a role that saw him continue to develop the application and distribute it to a large number of advisers around the country.
"The provision of a free financial planning package underpins our awareness strategy for DomaCom and should attract a number of financial planners to our property platform," Naoumidis said.
DomaCom launched its fractional property investment platform in May and followed it up in June by announcing it will be offering the free Guided Planning System (GPS) application to advisers
The DomaCom GPS was acquired from CARM in 2011 during its liquidation process, meaning it will already be familiar to certain segments of the financial advisory community.
The DomaCom GPS will be rolled out to financial planners free of charge in the second half of 2012.
