AFS maintains planner growth
Market volatility has not unduly slowed the expansion plans of dealer group Australian Financial Services Group (AFS), with the company confirming it has appointed 16 new advisers this year and is on track to achieve its target of 20 new appointments for 2008.
AFS chief executive Peter Daly said that over the past 10 months three Perth-based practices had joined the AFS West Australian team — Design Financial, I Financial and Integrated Financial Services.
Daly attributed the group’s growth to a range of factors including its ownership structure and its practice and business development program.
AUTHOR
Mike Taylor
Recommended for you
The month of April enjoyed four back-to-back weeks of growth in financial adviser numbers, with this past week seeing a net rise of five.
ASIC has permanently banned a former Perth adviser after he made “materially misleading” statements to induce investors.
The Financial Services and Credit Panel has made a written order to a relevant provider after it gave advice regarding non-concessional contributions.
With the election taking place on Saturday (3 May), Adviser Ratings examines how the two major parties could shape the advice industry in the future.
