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Viridian launches dedicated offering for Aussie advisers

Oksana Patron14 September 2023
Man uses ipad to utilise digital advice

Viridian Financial Group has launched Infinity Capital Solutions (ICS), a dedicated offering for Australian financial advisers, to strengthen its presence with advisory firms across the country.

This would mean that Viridian Financial Group has evolved into a dual entity, holding separate Australian Financial Services (AFS) licenses for Viridian Advisory and ICS, a transformation representing a significant milestone for the group, it said.

“This marks a significant stride forward for the firm. Infinity Capital Solutions aligns seamlessly with our mission to offer a comprehensive suite of services that cater to the evolving needs of advisers, clients, and the financial sector as a whole,” Joint CEO of Viridian Financial Group, Glenn Calder, commented on the move.

ICS will aim to serve financial advisers, advisory firms, high-net worth families, wholesale clients, and nonprofit organisations.

It will offer four solution offerings such as:

  • Infinity Asset Management (IAM): a solution aimed to deliver institutional-grade investment solutions encompassing a number of asset classes, such as Australian equities and multi-sector portfolios.
  • Infinity Portfolio Management (IPM): a solution tailored to wholesale clients through personalised Individually Managed Accounts (IMAs), featuring custom investment strategies backed by ICS’s robust resources.
  • Infinity Digital (ID): digital tools with human interaction, ID equips advisory firms with engagement tools that elevate operational efficiency, security, and client relationships through innovative UX, UI, and data security solutions
  • Infinity Capital Finance (ICF): extending a range of fixed-income solutions to wholesale investors within the ICS framework, spanning the short to medium term

Viridian said that at the heart of its dual-structured approach stood a substantial investment in technology, fortified by VFGL’s ISO 27001 accreditation, which emphasises its “resolve to manage cyber risks in a landscape fraught with escalating threats, setting a high standard for fellow advisory firms to aspire to”.

“Since our inception in 2015, VFGL has played an active role in shaping the Australian advisory landscape. The introduction of Infinity Capital Solutions underscores our commitment to providing innovative solutions, expert guidance, and a substantial investment in technology,” joint CEO of Viridian Financial Group, Glenn Calder, said.

“This strategic emphasis on technology enables VFGL to enhance operational efficiency and offer clients more sophisticated and accessible solutions.”

Viridian also welcomed Con Koromilas as its new Head of Distribution for ICS, who joined from abrdn where he spent 15 years and most recently served as Head of Wholesale – Australia.

 

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