The financial services industry will forever be changed by the Royal Commission and advisers are adjusting their thinking for this new world. In this, the first of a two-part series we will be releasing to help support advisers in making the best licensing decisions for themselves and their clients we look at why some advisers have chosen the self-licensed path. Next week we look at the pros and cons of other pathways.
If Dover’s collapse has brought anything into stark relief for the advice industry, it’s the flaws in Australia’s licensing regime – fortunately, going your own way is easier than ever.
Paul Tynan, who runs advice M&A firm Connect Financial Service Brokers, describes the Dover fallout – that is, $4 billion in stranded client money and over 400 advisers looking for a new licensee – as “one of the most stupid things I have seen in my 40 years in this
No matter how well your advice business is going, it's worth looking out....
The economic weight behind millenials is growing ever stronger. What doe....
06 December, 2018
No matter how well your advice business is going, it's worth looking out for potential challenges.
01 November, 2018
The economic weight behind millenials is growing ever stronger. What does this shift mean for investing as we know it?
02 October, 2018
With the Royal Commission interim report now available to the public, it's worth looking past the headlines and considering what's actually being r....