InvestSMART Group Ltd (ASX: INV), Australia’s largest provider of automated investment advice to retail clients and self-managed super funds, today announced it had signed an agreement with RaboDirect to provide the bank’s customers with access to portfolio management tools and leading investment research.
Under the exclusive agreement, RaboDirect is offering customers using its savings products complimentary access to InvestSMART’S premium suite of product and research services over six months to help them better manage their asset portfolios and to make more informed investment choices.
“We are delighted to be involved with RaboDirect, one of the world’s most respected banking and financial services institutions, and I believe this agreement will be of enormous benefit to individuals wanting to take a more active role in the management of their wealth,” said InvestSMART Managing Director, Ron Hodge.
“With over 51,000 members monitoring over 85,000 investment portfolios, InvestSMART has a unique insight into where investors may require further value-added services,” Mr Hodge said.
“Our partnership with RaboDirect means we can provide comprehensive and timely investment information to bank customers wanting to ensure their portfolios are well diversified, and the tools, systems and services to help them to achieve that goal.”
RaboDirect Australia Acting General Manager, Andrew Faber, also welcomed the bank’s alliance with InvestSMART.
“With in-depth research and assistance, InvestSMART empowers consumers to track, improve and ultimately build their long-term wealth.
“InvestSMART is a respected industry resource and will provide customers with up-to-the-minute market updates, detailed company analysis and expert opinions, plus access to newsletters, podcasts and webinars.
“If you’re serious about making the most of your investments, InvestSMART gives you the knowledge and insights you need,” Mr Faber said.
For further information, contact:
Managing Director, InvestSMART Group
02 8305 6000
Acting General Manager, RaboDirect Australia
02 8115 4457