DASH, formerly Wealth02, has announced a new partnership with investment and super fund manager Australian Ethical “to power direct to consumer projections”.
The advice software and platform solutions provider said the deal will see customised projections appear in the online super statements and client portal for every Australian Ethical superannuation member.
“We are delighted to be working with Australian Ethical and take this partnership as a nod to both our modelling prowess as well as our solutions-based approach,” DASH CEO Andrew Whelan said.
“We are excited to support Australian Ethical's members with our highly flexible and easy to implement solutions, enabling them to seamlessly modify their contributions based on their personal retirement goals.”
The new partnership comes only weeks after DASH announced the rebrand from Wealth02, on the back of the recent merger with Roar and NEO.
The company was bolstered last month with five new hires, including the additions of Peter Panigiris, formerly of Lumiant and Midwinter, and Dennis Cargill who made the move after 14 years at BT Funds Management to the role of State manager WA and SA.
A new group corporate website for DASH is expected to launch next month.
“These recent changes support our exciting value proposition and future group vision as a best of breed solutions provider focused on solving critical business issues, driving efficiencies and cost savings not just for financial advisers but for the broader wealth industry,” Mr Whelan said.
Meanwhile earlier this month, Australian Ethical revealed that adviser-related flows have increased 135 per cent from $61 million in 1H21 to $145 million in 1H22.
The fund manager said the jump reflects an ongoing investment in its adviser channel, including the launch of an adviser resource hub and a new online resource to assist advisers talk about climate with their clients.
“Australians are increasingly demanding ethical investment options from their advisers, fund managers, super fund providers, and other investment professionals,” John McMurdo, CEO and managing director of Australian Ethical said following the release of the results.
“It is no longer acceptable for money managers to solely chase solid returns. We must also achieve solid returns through ethical means on top of delivering financial outcomes.”
Neil Griffiths
Neil is the Deputy Editor of the wealth titles, including ifa and InvestorDaily.
Neil is also the host of the ifa show podcast.
