Leading Gen Y advisory firm Wealth Enhancers is the first Financial Advisor Partner in Australia to achieve Xero Gold Partner Status, which is awarded to partners with over 100 clients on Xero.
Xero, online accounting software for small businesses and their advisors, stepped into the financial advisor space in 2013 with Xero Cashbook - a platform for income and expense classification for financially advised clients.
Since launching it has seen a huge uptake in the space with well over 300 of financial advisors signing up as partners since August 2013.
From a technology perspective, Wealth Enhancers co-founder Sarah Riegelhuth believes in moving with the times: “Xero has truly changed the way we deliver advice, the outcomes our clients are getting are far superior to what they ever were in the past.
"I can’t even imagine giving advice without the use of Xero anymore.”
“Wealth Enhancers has always been big on technology and innovation, and Xero is just another example of where we have gained efficiencies.
"Being able to provide better advice and generate greater outcomes for clients all whilst enabling further organic growth through satisfied clients referring.”
Xero Australia National Sales Director Trent Innes adds: “The demand we’re seeing in the financial advisor space with Xero Cashbook is momentous.
"The fact that Wealth Enhancers achieved Gold Partner status so quickly is truly commendable and demonstrates the value that Xero Cashbook provides to financial advisors.”