WealthO2 launches new Tax Accounting Service

WealthO2 launches new Tax Accounting Service

WealthO2 has launched an unbundled tax accounting service through a partnership with Class Limited, to complement its investment platform and financial planning services solution suite.

WealthO2 is a low cost, unconflicted, adviser platform alternative established in 2015.

Shannon Bernasconi, managing director of WealthO2, says the new service was developed in response to advisers’ need to optimise their client’s capital gains outcome and provide accounting treatment of complex corporate action events.

“The launch of the new service means that advisers can now manage all the tax aspects of their clients’ portfolios through the existing WealthO2 platform, bringing the tools they need together in the one place.

“Recognising that client needs are diverse, we have launched the service on an unbundled basis, per portfolio, so it can be taken up by those that require it, rather than increasing the overall fee for all advisers.

“We chose to deliver the tax and accounting treatment of the portfolios service by partnering with Class, as Class is a proven best in breed provider of these CGT methodology calculations and reports.

“WealthO2’s focus is on delivering quality services to advisers in the management of their clients’ portfolios, thus partnering with organisations that can help improve the adviser and their client experience,” she said.

WealthO2’s new accounting service follows the recent integration with myprosperity, which means clients and advisers can now have a unified view of their finances and wealth.

2019-06-16T05:50:50+11:00 June 16th, 2019|