Non-aligned dealer group Infocus Wealth Management has announced it has entered into an exclusive referral relationship with one of Australia’s largest accounting firms, H&R Block.
According to a statement, the deal will see H&R Block, a New York Stock Exchange listed firm, refer its clients seeking wealth management services to financial advisers licensed by Infocus.
H&R Block’s Australian business sees more than 2,000 tax consultants across more than 450 offices prepare almost 800,000 tax returns annually.
H&R Block will be engaging its clients through a dedicated call centre and direct accountant referrals, with the program managed by the Infocus Group.
In the initial stages of the relationship, rolling out before 30 June 2017, H&R Block will be directly marketing to more than 1,000 clients every week, the statement said.
The aim of this will be to inform H&R Block clients of the range of value-added services that are now available to them through the relationship with Infocus.
Post 30 June, the program will reach full scale with the aim of informing all H&R Block clients of the opportunity to engage with a quality financial adviser licensed through the Infocus Group.
Rod Bristow, managing director and chief executive of Infocus, said, “This is an exciting opportunity aligned to our vision of providing quality advice for Australians from all walks of life.”
“It’s an honour to be working with an organisation such as H&R Block, helping their clients achieve peace of mind through identifying and putting in place quality financial advice to achieve their goals.”
A former institutionally aligned adviser has pleaded guilty to obtaining financial advantage by deception, after he operated an early super access sch...
Ex-Liberal leader John Hewson has urged advisers to adopt a unified front in opposing the increase in red tape in the industry, accusing the governmen...
Adviser platforms are lagging globally when it comes to adding in the features that current and prospective clients want, according to new research. ...