Fourth Line clients merge to create financial advice “powerhouse”
Source Of News
By Joel Ronchi, COO, 16th March 2022
Media Release
WT Financial Group purchases Synchron in a “highly synergistic” move
Fourth Line is proud to be a strategic partner of the WT Financial Group (WTL), having worked closely together since 2019 to help improve the quality and consistency of advice provided by advisers within its dealer group network.
Fourth Line also recently welcomed Synchron as a new client in late 2021, before news of the purchase was announced on 15th March 2022.
The WTL network now boasts the inclusion of Wealth Today, Sentry, and Synchron, combined group will boast more than 600 advisers and funds under advice in excess of $16 billion following the acquisition.
As a result, Fourth Line is one of the most widely used and well-recognised advice risk management and compliance technology platforms in the Australian market. Fourth Line helps licensees and advisers (and groups such as WTL) improve the quality of advice. Our transparent and objective advice audit process creates an environment of collaboration through a combination of human oversight, machine learning and artificial intelligence.
WTL’s leadership believes the acquisition will set the course for future expansion and allow for more comprehensive offerings for advisers.
If you would like to find out more about Fourth Line and/or organise a FREE DEMO of the system, please contact me directly at Joel Ronchi
e: joel.ronchi@fourth-line.com.au
m: 0408 056 679
Read more about the integration of two of Fourth Line’s clients at:
- IFA – https://www.ifa.com.au/news/30894-new-wealth-giant-formed-following-wt-s-acquisition-of-synchron
- Moneymangement – https://www.moneymanagement.com.au/news/financial-planning/synchron-snapped-wt-financial-group
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Fourth Line is a rigorous RegTech risk management and compliance system for advice practices, dealer groups and other wealth management participants. Fourth Line uses algorithmic approaches to simplify the complexity in advice reviews whilst maintaining human oversight, empowering compliance teams to coach and develop strong advice behaviors through data driven insights from advanced analytics for adviser, practice/dealer group and industry benchmark comparison with centralised document storage and access to meet regulatory needs.
For information email: info@fourth-line.com.au
