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AWS announces change of licensee

Australian Wealth Solutions (AWS) has announced a change of licensee as it heads into a new era.

Previously operating under GWM Adviser Services Limited, AWS announced on Monday that it will move forward under the AFSL of Melbourne-headquartered boutique licensee, ASVW Financial Services Pty Ltd (ASVWFS), effective this month.

AWS principal and founder Sam Zervides said the move is the first step in a long-term strategy for the advice practise to adapt to changing client expectations.

“It’s for this reason that I’m focusing my energies on the future and being ahead of the curve in responding to the needs of an increasingly sophisticated and mature client – many of whom reside interstate and overseas but still demand the highest standards of personal and accessible advisory services,” Mr Zervides said.

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“The AWS team are very excited about the move to ASVWFS and the prospects for the future. 

“In particular the benefits that will be derived through the application of new technologies designed to significantly improve the client experience and connectivity; enhance/streamline administrative processes; and accelerate the delivery of additional lifestyle and financial service offerings”.

ASVWFS chief executive and director Stuart Abley also welcomed AWS’ move to the national licensee on Monday.

“Sam and the AWS team embody the very important fundamentals we are seeking in the practices that join our national network i.e. committed to building exemplary advice businesses that deliver the highest standards of compliant professional financial advice and client service,” Mr Abley said.

AWS announces change of licensee
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