A national financial services licensee with a fresh approach to advice.
Welcome to WT Financial Group Limited.
We are an ASX-listed (WTL) diversified financial services company that contains two distinct channels, being our primary business-to-business (B2B) operations under our Wealth Today Pty Ltd subsidiary and brand; and our complementary direct to consumer (or B2C) operations under our Spring Financial Group brand.
Our advice and product offerings are delivered primarily through a group of independently-owned financial advice practices operating as authorised representatives under our Wealth Today Pty Ltd subsidiary. We also deliver a range of services directly to clients through our Spring Financial Group brand.
Our Spring FG Funds Management Pty Ltd and Spring FG Realty Pty Ltd subsidiaries are the investment and asset managers of the Specialist Residential Impact Fund.
WT Financial Group also operates a range of “fintech” services including our mymoney247 personal financial management platforms and offers financial education and market information services for advisers and consumers through the operation of our sharecafe.com.au website, regular seminar programs, and the publication of our Wealth Adviser library of more than 100 eBooks.
To complete its restructure program; to ensure it represents a strong and viable new home for displaced advisers; and further to ensure it is positioned to capitalise on market opportunities as and when they emerge, WT Financial Group announces the following initiatives.
WT Financial Group Limited has announced that it has experienced continued growth through its successful restructure strategy and expects to deliver a significant turnaround in operating profit for FY2020. It provides the following indicative results guidance and commentary.
In line with recent guidance, the WT Financial Group Limited Interim Report for the half-year to 31 December 2019 shows a return to profitability, with continued revenue growth and further reductions in operating expenses having delivered a significant turnaround in financial performance.