Infocus Wealth Management today confirmed it will provide financial advice services to members of TWUSUPER as part of a broader initiative championed by superannuation financial services provider Industry Fund Services. The client referral program between TWUSUPER and Infocus Wealth Management follows the recent announcement about Infocus providing financial advice to First Super members in South Australia.
Infocus Wealth Management’s Managing Director, Rod Bristow, is delighted with the outcome and acknowledges TWUSUPER for making full service financial advice available to its client members. According to Bristow, “Infocus is honoured and excited by the opportunity to support TWUSUPER in its initiative”.
Financial advice services to be delivered by Financial Advisers across the Infocus Group will initially roll out to TWUSUPER members in Western Australia. “It is our intention to work closely with TWUSUPER to ensure the success of this initiative in advance of a broader national rollout. We have highly skilled, highly personable advisers on the ground in Western Australia and right across the country and we’re confident we will be able provide exceptional service to TWUSUPER’s members accordingly”, Bristow said.
“As an independently owned wealth management group, we understand and respect the commercial concerns of industry funds. It has been from this foundation that we have progressed with a transparent and accountable process that has given both Industry Fund Services and TWUSUPER the confidence to move forward with us”, he said. “It’s a great initiative for TWUSUPER members and importantly, also a great outcome for advisers who are part of the Infocus group”.
Industry Fund Services and Infocus Wealth Management have been working on developing a national financial advice referral program for client members of industry superannuation funds. In addition, Infocus is in discussions with other organisations and employer groups to provide similar outsourced financial advice services for consumers nationally.
About Infocus Wealth Management Limited
Brisbane-based Infocus is an independently-owned wealth management group delivering financial advice, funds management and technology solutions.
The financial advice division includes a planning network of over 180 financial advisers authorised under two dealer groups, Infocus Securities Australia and PATRON Financial Advice. Infocus and PATRON advisers provide financial advice to over 80,000 clients from 116 offices across Queensland, New South Wales, ACT, Victoria, South Australia and Western Australia. Group funds under advice are over $4Bn and risk premiums under advice over $70M.
The funds management division directly manages around $300M via subsidiary Alpha Fund Managers. The technology division’s focus is on delivering market-leading CRM, advice generation and practice management software, PlatformPlus, which has over 730 users nationally.