Ford and Scott Financial Planning joins Paragem AFSL
Tasmanian-based Ford and Scott Financial Planning has moved under the financial services licensing arrangement provided by Paragem.
The Tasmanian company's move to Paragem was confirmed by Paragem managing director, Ian Knox this week.
He said the move meant Ford and Scott had resigned from coverage under the Westpac-owned Securitor AFSL.
Knox said the move by the Tasmanian company meant the Paragem AFSL now covered 13 practices accounting for more than $1.5 billion in funds under advice.
AUTHOR
Staff Writer
Recommended for you
Sequoia Financial Group has announced it is selling off its Informed Investor subsidiary which it acquired in April 2022.
Wealth Data has examined which advice business model has seen the most growth since the start of the year including those that offer holistic advice.
Research conducted by Elixir Consulting and Lonsec has quantified the efficiency gains of using managed accounts in financial advice practices in hours per week saved.
With only one-quarter of advice practices actively seeking feedback from clients, the Financial Advice Association Australia has emphasised why this is a critical tool for client retention.
