Macquarie looking for planning firm insights
Macquarie has joined the growing list of companies trying to get a gauge on the evolving shape of the financial planning industry and the degree to which it is converging with accounting.
The company has announced the launch of its inaugural Macquarie Accounting and Financial Services benchmarking survey and is offering inducements for financial planning and accounting firms to participate.
According to Macquarie Wealth Management division director, David Clatworthy, the survey is intended to allow practices to benchmark themselves against their peers on a range of measures, such as fees, remuneration structures and retention strategies.
"The survey will closely look at key themes and emerging trends across the accounting and financial services industries, such as leading drivers of business performance, how clients are being charged, remuneration and staff retention," he said.
The survey is being conducted for Macquarie by a market research provider, with Macquarie giving undertaking that survey responses will be treated confidentially and only used for the purpose for which they were provided.
However, it also states that the information may be used by Macquarie to contact participants to provide them "with results and insights specific to your practice".
Recommended for you
Equity offerings should be “seriously considered” by advice firms if they want to attract experienced advisers with the option viewed as a major differentiator for candidates seeking their next role.
DASH Technology Group has enacted two internal promotions, appointing a chief risk officer and chief commercial officer to strengthen the firm’s governance and operational capabilities.
The Stockbrokers and Investment Advisers Association has announced the appointment of its new chief executive following the exit of Judith Fox after six years.
Insignia Financial has appointed an experienced financial advice leader as head of education and advice on its Master Trust business, who joins from Ignition Advice,
