AMP has announced it is undergoing a major implementation of Salesforce CRM technology as it confirms the cross-border knowledge-sharing agreement with an American independent advice firm first reported by ifa.
Yesterday, AMP publicly released a statement "formalising" its relationship and "non-material investment" in United Capital, a US$16 billion wealth manager headquartered in Newport, California.
The relationship between the two entities was exclusively revealed by ifa in July.
It also revealed that the United Capital-inspired goals-modelling engine it is working on will be enhanced by a Salesforce implementation process currently ongoing at AMP.
"We have known United Capital for some time and greatly admire its approach to advice,” said AMP group executive, wealth solutions and chief customer officer Paul Sainsbury.
"It is regarded as one of the most innovative advice businesses in the US, having grown rapidly from start up to more than US$19.8 billion in assets under management."
Mr Sainsbury also revealed the company is working on a major Salesforce implementation within its financial advice division.
"Our shared philosophy in helping customers through goals-based advice, together with United Capital's innovative use of the Salesforce platform, creates significant potential for learnings and synergies as AMP implements its new operating and CRM systems,” he said.
SUBSCRIBE TO THE IFA DAILY BULLETIN
- 19 Jun 2018Consultant calls for ‘restricted’ product adviceBy Tim Stewart
- 19 Jun 2018Fitzpatricks Group names three new execsBy Reporter
- 19 Jun 2018Former NAB, ASIC exec approaches Dover advisersBy Aleks Vickovich
- 19 Jun 2018CBA blocks access to Dover advisersBy Aleks Vickovich
- 19 Jun 2018ANZ launches adviser wellness portalBy Reporter
- 18 Jun 2018IOOF Alliances launches service for self-licensed advisersBy Reporter
- view all