Bombora recruits PRP


Boutique financial planning dealer group, Bombora, has added another financial planning practice to its membership.
The group announced this week that Queensland-based practice, Personal Risk Professionals had signed up to operate under the Bombora Advice masthead.
Bombora managing director, Wayne Handley said PRP had been established in 2009 by Brisbane-based adviser, Mark Everingham, and now boasted a team of dedicated risk specialists in Queensland, NSW and Victoria.
Handley said he believed Everingham had been attracted to join Bombora by its boutique structure, risk focus and non-aligned status.
Recommended for you
Money Management examines the share price of financial advice licensees over one year to 31 March, with M&A actions in the final quarter having a positive effect for two licensees.
A $3.5 million settlement for victims of Melissa Caddick has been approved by the Federal Court following an initial agreement last December.
The Reserve Bank of Australia has delivered its first rate decision since the introduction of a new board structure last month.
Digital advice provider Otivo has launched an interactive tool, powered by artificial intelligence and Otivo’s own advice engine, to help answer client questions.