ASX adds dealer groups to Find a Planner site
A number of new dealer groups have been added to the Australian Securities Exchange (ASX) website, Find a Planner, which aims to link ASX website users to an ASX-accredited financial planner.
The recently added dealer groups are Avenue Capital, FMD Financial and Magnitude. The Association of Independently Owned Financial Planners (AIOFP) and Professional Investment Services are also listed on the site.
The ASX website explains that planners represented by the listed dealer groups have undertaken the required level of training to enable them to advise on ASX-listed products.
Recommended for you
ASIC has released the results of its first adviser exam to be held in 2025, with 241 candidates attempting the test.
Quarterly Wealth Data analysis has uncovered positive improvements in financial adviser numbers compared with losses in the prior corresponding period.
Holding portfolios that are too complex or personalised can be a detractor for acquirers of financial advice firms as they require too much effort to maintain post-acquisition.
As the financial advice profession continues to wait on further DBFO legislation, industry commentators have encouraged advisers to act now in driving practice efficiency.
