HUB24 MD on platform growth, flags digital advice product; Former ClearView MD appointed Centrepoint Alliance chair

HUB24 managing director, Andrew Alcock, believes there is a “clear pack of winners” gaining market share as traditional platforms exit while flagging the possibility of a digital advice product for lower balance clients.

Former ClearView managing director, Simon Swanson, has been appointed as chair of Centrepoint Alliance.

The former AFA president, NSW financial adviser and long-term contributor to the financial advice industry has passed away at the age of 89.

Centrepoint Alliance has announced a net profit after tax of $6.3 million as it forecasts a strong recruitment pipeline of over 360 financial advisers looking to join the licensee.

Announcing underlying NPAT of $36.5 million in its FY23 results, the firm has reaffirmed its focus on life insurance and will be exiting financial advice and wealth management under a simplified business model.

In partnership with EAM Global Investors, the fund manager has announced it will offer an exclusive global small cap strategy to the local market.

Focusing on behaviour and psychology can help advisers to strengthen their client relationships and offer a unique service proposition, writes Jane Monica Jones.