Case study:
Alman Partners

Alman Partners True Wealth is a specialist wealth management firm with offices in Mackay and Brisbane. An industry pioneer, Alman Partners is a privately owned firm that has been providing financial solutions and advice since 1985.

As a firm dedicated to providing the best possible service for their clients, Alman Partners sought to add an additional layer of oversight and rigour to their existing investment analysis and portfolio monitoring.

An internal review revealed advisers were spending time on research and reporting, when their time could be more effective building relationships and looking after the best interests of their clients.

Through an evaluation process, Alman Partners concluded that working with a large research house or having an in-house research team was uneconomical for the size of their business. It also didn’t provide them enough reassurance about objectivity in their reporting and research.

Alman Partners needed a firm who understood the daily needs of their advisers and had a trusted reputation in the industry. They also required comprehensive monitoring and performance reports in an easy-to-digest format, to support their busy advisers.

As an independent firm dedicated to governance, innovation and strategic collaboration, Consilium was ideally placed to provide Alman Partners with the investment expertise they were looking for. Consilium’s objective reporting – free from any conflicts of interest in the portfolios Alman Partners offer – gave Alman Partners advisers and their clients even more confidence in the robust and thorough processes being applied.

Engaging with independent experts that share the same investment philosophy has been one of the biggest benefits for Alman Partners. The detailed reports produced by Consilium reinforce this philosophy and give advisers the evidence they need to confidently navigate investment conversations and portfolio reviews with their clients.

“The biggest benefit is that we know we have
independent experts that are thoroughly monitoring
our portfolios and it gives our advisers confidence
in their advice.”

Paul Shepherd
Executive Director, Alman Partners

Access to an independent and academic resource assists in developing a deeper knowledge of how to provide world class investment solutions. Coupled with a probability-based approach to goal planning, advisers are more equipped to respond to client queries. It also gives confidence that product providers are being monitored closely against appropriate benchmarks.

When advisers have everything they need to provide advice and build relationships, they communicate with greater conviction and every client benefits, without question!

By outsourcing portfolio analysis and ongoing performance monitoring to Consilium’s expert and independent investment team, Alman Partners advisers are able to focus on doing what they do best: