Infocus Money Management expands footprint
Dealer group Infocus Money Management has expanded its footprint, opening 15 new offices last financial year.
New offices were opened in Victoria, Perth, the Sunshine Coast and Brisbane, with a substantial rise in adviser numbers. This brings the total number of their branches to 75, and a 20 per cent rise in revenue.
Infocus founder and managing director, Darren Steinhardt, said the group would continue to earn consistent revenue after the proposed banning of commissions is introduced, by placing their client value proposition “so clients will happily pay them.”
Infocus Money Management commenced operations in 2001 in Queensland. It is majority owned by its founding director, financial advisers and management team.
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