CFS launches new offering for ambitious advice practices 

Bryce Quirk

Colonial First State (CFS) today announces the launch of CFS 10X, a new offering designed to help ambitious financial advice practices grow their business.

CFS 10X will deliver a series of dedicated events and webinars as part of its ongoing commitment to the advice community.

Commenting on the launch, CFS Group Executive Distribution Bryce Quirk said CFS 10X will give advisers access to the right education, expertise, community, and opportunities to see them achieve their goals.

“This year CFS will be using both research and practice case studies into the key drivers of business growth to help advisers unlock opportunities. Driving efficiency, achieving scale and expanding your tech capabilities are just some of the areas CFS 10X will be exploring with practices this year,” Mr Quirk said.

CFS 10X is comprised of four key pillars: Your Business, Your People, Your Clients and Your Expertise. A full schedule of national events and webinars will be supplemented by masterclasses from leading experts.

“We know that advisers are looking for practical solutions when it comes to people management and developing a high-performance team,” Mr Quirk said.

“We also know that practices are eager to understand how they can automate their processes to unlock efficiencies and provide even better service to more clients,” he said.

“This is why one of the first events we’ll be launching through CFS 10X will give advisers access to peer benchmarking, insights and solutions from an industry-wide research study into practice management and productivity,” he said.

In partnership with CFS 10X, Elixir Consulting recently conducted a national research study to discover what’s working well and what’s holding some firms back from reaching their true potential.

With a focus on back-office operations that impact business effectiveness and client experience, the research creates industry benchmarks and solutions to help practices break through efficiency barriers, understand effective ways to structure teams and design sustainable business models.

Elixir Consulting founder and managing director Sue Viskovic will unpack the research in a national webinar on 28 February.