iscoverThe launch of a new partner programme has confirmed the industry's appetite for robo-advice, as accountants seek to offer new advisory services to their client base.
Accountants' appetite for robo-advice spikes
26 August 2016
•
5 minute read
Automated investment adviser Stockspot has launched its Partner Programme for advisers, accountants and other professionals. The initiative will allow Stockspot to manage a client’s portfolio, including all advice, investing, compliance, rebalancing and tax reporting.
The accountant maintains full visibility of their client’s portfolio via an online investment dashboard, while receiving updates on the financial profile and strategy of the client.
You’re out of free articles for this month
To continue reading the rest of this article, please log in.
Create free account to get unlimited news articles and more!
Stockspot also recently announced that its integration with Class Super will provide a streamlined and simplified tax reporting process for accountants.
“In the last 12 months, with the increased spotlight on the robo-advice industry in Australia, we’ve had a lot of interest from IFAs and accountants asking to partner with us,” said Stockspot CEO and founder Chris Brycki.
“It [robo-advice] lets them focus on other bespoke areas of advice, while we manage the investment advice and portfolio management,” Mr Brycki added.
“They still have visibility through our online dashboard and we keep them updated on changes in their client's investment strategy and personal circumstances so they know the best time to speak to their clients with other strategic or tax advice.”
The Stockspot Partner Programme will be launched in Spring 2016 and is currently in beta testing with select financial professionals.
You need to be a member to post comments. Become a member for free today!
