AMP Advice is pleased to announce that wealth management and strategic consulting group Stantins Financial Services has joined its network. 

With its headquarters in Hawthorne in Melbourne, Stantins is a holistic, multi-disciplinary financial services firm that specialises in financial advice, estate planning, wealth management, accounting, business and lending advisory. 

Stantins provides expert financial advice tailored to support the needs of small to medium businesses, multi-generational companies, start-ups and scale-ups. The group also provides both residential and commercial lending, servicing hundreds of client groups and self-managed super funds. 

Practice principal and founder Spiros Livadaras said the move to join AMP Advice was driven by a desire to improve both Stantins’ cross-selling capacity, as well as differentiating their existing value proposition to help generate more financial advice opportunities and grow the business. 

“We decided to align with a professional services partner who shares our broader vision, beyond the scope of financial planning alone,” he said. 

Enhancing efficiency and effectiveness

The ability to operate independently while still benefiting from the practice management support and guidance of a larger professional services provider was another key reason why Stantins decided to join AMP Advice.

“In our commitment to continued growth, it was crucial to find a partner who not only understands the diverse financial needs of our clients, including lending solutions, but also supports our goals to enhance efficiency and effectiveness,” Livadaras said.  

“With this partnership with AMP Advice, we will be able to offer innovative new financial solutions that better serve the evolving needs of our clients.”

Adviser satisfaction and practice profitability

According to AMP’s 1H 24 results, AMP Advice has continued to grow its advice revenue and its revenue per practice, up 16% and 11.6% respectively on the last quarter1.

Adviser satisfaction remains strong at 80% for the period, according to AMP’s Advice Network Survey, a result driven by improved support service levels, as well as a sense of community and connection across the network1. 

Matt Lawler, AMP Group Executive, Advice said:

“We’re thrilled to be welcoming Stantins Financial Services to our network as we continue to focus on supporting high quality financial advice firms across Australia.”

“We take the opportunity of working with Advice practices who see us as the right partner to help them achieve their goals very seriously – whether it’s growth, profitability or the ability to operate autonomously while continuing to benefit from the advantages of being part of a larger advice community, our team is here to add value.”

“Spiros has been helping both emerging businesses and individual Australian households with expert tailored financial advice and strategies around wealth creation for over 30 years.  

“Together with Entireti, we have the right scale and strength to deliver a high-quality professional service for practices like Stantins, helping them take advantage of the talent, expertise and experience offered by both organisations.

“We are excited to be partnering Spiros and his team at Stantins into the future and we look forward to supporting them in their business growth endeavours.”