My Dealer Services inks CFS deal to boost | Australian Markets

More than 400 financial advisers half of My Dealer Services’ (MDS’) community are set to obtain improved and high high quality technical assist after the self-licensing supplier secured an instructional partnership with Colonial First State (CFS).

The deal would see the self-licensing service supplier’s advisers working below 110 AFSLs gain entry to CFS’ FirstTech technical providers group and real-time up to date online ‘strategy guides’ throughout topics in superannuation, tax, self-managed super funds (SMSFs), aged care, social security and property planning.

The partnership additionally presents entry to different content material produced as half of CFS’ FirstTech offering, together with podcasts, webinars, month-to-month bulletins and reality sheets.

“Our educational partnership with CFS is a great example of how we [are adding value by providing a wider range of additional services],” MDS Head of Strategy, Ashley Mahadeea, stated.

“We exit on behalf of time-poor smaller adviser teams and discover the best and most revolutionary suppliers of their discipline to assist them as needed at aggressive charges.

“Over the coming months, we will be launching additional services and reaching out to more advisers to share our core belief that self-licensing is nothing more than removing a layer to allow advisers and practices to run their business their way, with the client front and centre of everything they do.”

MDS Director and Founder, Alexander Euvrard, stated the initiative was one other step ahead in implementing MDS’ growth strategy, in phrases of each growing its adviser community and the assist supplied.

The partnership with CFS follows within the wake of MDS linking up with Australian fintech, Claras, earlier this 12 months to present its advisers with an artificial intelligence (AI)-powered device to produce correct and secure file notes from recorded shopper conversations. MDS additionally collaborated with paraplanning and administration providers supplier, Broker Support Global (BSG), to present members with onshore Statement of Advice (SOA) assist.

“CFS is delighted to partner with MDS to help advisers deliver great outcomes for their clients,” CFS Executive Director of New Business, Chris Mather, stated.