The Issues

The financial services industry faces continuous and lasting change. Industry growth is driving continuous consolidation and creating a wealth management industry which is increasingly dominated by a small group of huge organisations offering an ever broadening range of low cost products and services. Many smaller participants are being pressured to leave the industry or consolidate with  larger players and in doing so the unique service offering of these specialist businesses is lost.

This trend to fewer, larger organisations certainly has some merit. However, while the industry giants offer benefits to customers, they are also burdened by all the negative consequences of immense size; legacy systems and in-efficient processes, multiple layers of organisational structure, and moribund bureaucratic operations and decision making.

They are affected by an ever diminishing capacity to respond quickly to a changing environment and ultimately a reduced capacity to attend to the particular needs of customers and investors in a tailored and personal manner.

As a result investors are removed from opportunity simply because of the scale of organisational infrastructure and the number of people between them and their money.

Diversa addresses this problem. By collaborating and partnering with smaller funds and advisors, we enable them to prosper and ensure that individual superannuation members and investors continue to have access to high quality tailored products and services which the industry’s most dominant suppliers are increasingly incapable of  providing.