HUB24, an Australia-based independent platform provider, has partnered with US-based Beacon Financial to deliver a customised platform and managed portfolio offering.
The new white label platform, which is expected to be launched in October, will enable Beacon’s advisers to access a fully branded and tailored platform service.
Beacon has over 200 authorised representatives countrywide, who advise on more than $3.5bn worth of client assets. It offers a range of services, including product management, financial planning, risk, real estate and mortgage finance.
HUB24 managing director Andrew Alcock said: “Partnering with a large and growing independent network such as Beacon supports our intention to be the leading platform provider in the burgeoning non?aligned advice space.
“We are proud to have been selected by Beacon to support their long term plans, and we believe the efficiency that HUB24’s technology brings will accelerate Beacon’s commercial objectives and enhance the value of their member firms.”