Platform wars heat up
NZX’s Wealth Technologies business (NZXWT), has formed a partnership with Saturn Advice to support its investment and wealth management services.
The advice group is moving from Aegis.
NZX Wealth Technologies chief executive Lisa Brock said the letter of intent signed with New Zealand-based Saturn Advice was the first step toward a services agreement under which NZXWT would provide custody and operational services using the full capability of the new platform launched in November 2018.
“This is a significant endorsement for us, to have Saturn Advice planning a move to our platform – with Craigs Investment Partners already onboard and Hobson Wealth Partners due to be migrated over the next year.
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