Are you a dealer group recruitment target?
With IOOF’s acquisition of MLC Wealth’s financial planning and associated businesses, financial planning practices working under IOOF and MLC Wealth licenses have found themselves being targeted for recruitment by other advice licensees.
At the same time there is plenty of attention also being directed towards AMP to determine what, if anything, will evolve as that company continues to restructure its advice business.
For that reason, Money Management is seeking to gain a picture of how advisers being affected by current events in the industry. Please take the time to complete the following survey. https://www.surveymonkey.com/r/QWHD7DM
We will share the results with participants.
Recommended for you
Sequoia Financial Group has declined by five financial advisers in the past week, four of whom have opened up a new AFSL, according to Wealth Data.
Insignia Financial chief executive Scott Hartley has detailed whether the firm will be selecting an exclusive bidder for the second phase of due diligence as it awaits revised bids from three private equity players.
Insignia Financial has reported a statutory net loss after tax of $17 million in its first half results, although the firm has noted cost optimisation means this is an improvement from a $50 million loss last year.
With alternative funds being described as “impossible” for fund managers to target towards advisers without the support of BDMs for education, Money Management explores the evolving nature of the distribution role.
