More kiwis to benefit from Quality Advice Network

28 August, 2013

More kiwis to benefit from Quality Advice Network as AdviceFirst boosts scale

More New Zealanders will benefit from AMP’s Quality Advice Network (QAN) following AdviceFirst’s acquisition of four financial advisory businesses, which significantly increases its scale.

Majority-owned by the AMP Group, AdviceFirst provides a full suite of financial services advice including insurance, investment, lending and superannuation. It now has 39 qualified Financial Advisers in Auckland, Hamilton, Palmeston North, Kapiti, Lower Hutt, Wellington, Canterbury and Otago providing advice to clients nationwide. All AdviceFirst Advisers are members of AMP’s QAN.

AdviceFirst’s recently completed acquisitions are of John Grogan Insurances Ltd, Advice 4 U, Bob Edwards Insurance and Investments Ltd and Colin Strang Financial Services Ltd.

AdviceFirst Executive Chairman, Peter Chote, said clients of those businesses will receive a highly-personalised service and benefit from the scale and security provided by AdviceFirst, as well as Adviser access to the industry-leading Quality Advice Network.

“AdviceFirst has a commitment to providing the highest quality advice and as a result of these aquisitions, we’re excited to welcome a significant number of new clients and demonstrate our unique value proposition to them.

“We’re particularly pleased to be opening a new office in Dunedin as we continue to grow our presence nationwide.

“All our Advisers benefit from access to QAN, which provides them with an extensive range of services to support the delivery of quality financial advice for our expanding client base.”

AdviceFirst Director and AMP Head of QAN and Adviser Sales, Nick Scarlett, said: “The QAN provides an exceptional support model to benefit our network of Advisers. They can utilise an extensive range of essential support services contained within a series of nine valuable modules. The modules are designed to assist Advisers to provide clients with industry-leading advice.”

Advisers from Advice 4 U and Colin Strang Financial Services are joining AdviceFirst, while Advisers from the other two businesses acquired are voluntarily exiting.

ENDS

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