The Westpac-initiated ’Stella Network’ of female financial advisers has reached a milestone, with 500 members joining the group’s LinkedIn page.
Having been launched less than a month ago, BT Financial Group’s general manager of advice Mark Spiers told ifa the social media response to the network’s inception has been encouraging.“The Stella Network is certainly striking a chord in the financial planning industry,” Mr Spiers said. “Our engagement statistics are really favourable – defying other LinkedIn group averages in terms of active discussion and member participation for networks of this size. “Participants are really embracing the opportunity to be part of the conversation in a like-minded environment made for them.”Introducing greater diversity into the industry will help increase the number of Australians seeking advice, Mr Spiers said.
Magellan wrapped up a tumultuous year with a 9 per cent drop in average funds under management.
With more still to come.
The CEO of a privately owned advice network has urged executives to focus on how they have helped their advice network when entering the 2022 ifa Exce...
Get the latest news! Subscribe to the ifa bulletin
Get notifications in real time and stay up to date with content that matters to you.