Fintech partners with digital platform to deliver “client-led affordable advice” combined with “proper investing”
Technology now exists that can solve the problem of delivering compliant and affordable advice to everyone who needs it.
Australian financial advice firms can now reach a new generation of clients
Financial advice firms now have a simple and cost-effective way to reach and help the mass market of Australians priced out of personal financial advice.
Australian financial advice firms can now reach a new generation of clients with OpenWealth
Via the OpenWealth platform, the technology does the heavy lifting, empowering consumers to choose and sign up to a managed portfolio.
Australian FinTech company profile #49 – DomaCom
DomaCom is a retail and intermediated online fractional investment platform with two core products, an investment fund and a seniors equity release fund.
Competition in SMSF market tipped to turn as robots enter
A panel of financial experts have staked their bets on robo-advice as the future of SMSF investment. The panel, which was hosted by the SMSF Association and included representatives from the Australian Taxation Office, ASIC, Investment Trends, SuperConcepts and OpenInvest, emphasised the need for SMSF members to keep up with technological advancements in order to continue investing wisely and maximising their assets. In the aftermath of the royal commission’s findings, trust in advisers in Australia is at an all-time low. As a result of such sentiment and the current advancements in technology and AI (artificial intelligence), the expert panel suggested the way forward for SMSF investors will likely be engagement with […]
