Diverger has partnered with Atlas Outsourcing to provide virtual administration and paraplanning services to its client network through a network of staff in the Philippines.
Diverger said the move was in line with its vision to be the market-leading service provider to financial advisers and accountants, with each overseas staff degree-qualified and employed by Atlas.
Nathan Jacobsen, managing director of Diverger, said: “The number one challenge facing practices, following growing demand for advice and significant regulatory complexity, is simply getting through the work.
“After conducting a market search, we have chosen Atlas as a quality provider and great cultural fit with our staff and clients. At Diverger we are advocates for flexibility and therefore delighted to be providing our network with more service choices in how they choose to operate.”
The dealer group said the outsourced service would complement and work alongside existing paraplanning and administration services operating across the Diverger network. There were already three clients onboard and nine practices were in discussion.
Atlas Outsourcing managing director, Jason Cutrupi, said: “We are excited about this new partnership with Diverger who are one of the leading organisations in the financial services industry.”
“Atlas believes there are a number of synergies with both organisations, and we look forward to providing great value and assistance to Diverger’s accounting and adviser community.”