Aegis loses $375 mill to new platform

Nick Stewart

BAA is backed by Stewart Group, which has more than 30 years’ financial advisory industry experience.

The firm began building its own custodial platform in July in conjunction with technology provider FNZ. The platform has now launched and offers greater automation, security and value to clients and BAA members.

BAA director Nick Stewart says this is a pioneering step for the company, which is one of the only non-aligned financial advisory service providers in the country to have its own custodial platform.

“We decided to paddle our own waka and be in control of our own custodial wrap platform…During my tour of the US last year I saw how automation and technology were driving their businesses, and that validated the decision to move to our own next generation platform.”