How FinClear's HIN system may disrupt the platform business
PUBLISHED
2019-06-19
Content
David Ferrall is the CEO of FinClear. In this video with Informed Investor, David discusses the inevitable disruption of the platform business and why that's an excellent thing for investors and their advisors.
Key points in the video :
How the ASX HIN system has created an opportunity for a HIN based platform for FinClear
For the first time an adviser can now get broad asset allocation via ASX listed products like ETFs and LICs
For an investor that means a HIN based direct ownership model without the need for a custodial platform and its associated costs
The future for advisers is a HIN based managed account solution
About FinClear:
FinClear's Platform became Australia's first HIN enabled managed account platform when it was launched in April 2019. With all the administration benefits of platforms at a fraction of the cost, the HIN Platform gives investors transparent, portable control over their investments and allows advisers to manage their clients' investments more easily than ever before.
For more information, visit http://finclear.com.au
Author
Name | Informed Investor Staff |