MLC adds licensee relationship manager role
MLC has created a licensee relationship manager role aimed at improving the licensee experience throughout its aligned adviser network, which includes MLC Financial Planning, Garvan Financial Planning and Apogee Financial Planning.
MLC will appoint nine licensee relationship managers across Australia who will be responsible for supporting financial advisers with all actions relating to core licensee services, and will work alongside practice development managers and practice management coordinators, MLC stated.
The role will involve improving advisers' knowledge of and access to licensee and MLC services available, and providing information and responses to practices within the network.
Greg Miller, general manager advice solutions at MLC & NAB Wealth, said that with licensee requirements now being managed by a specialist, practice development managers and practice management coordinators will be able to focus on helping advisers to grow their business, and preparing them to respond to new customer opportunities and regulatory change.
Money Management Top stories
News: Financial adviser annual disclosure fee breaches understandings
News: ISN backs annual fee disclosure imposition
News: Australian businesses spooked by US economy
Recommended for you
The FSCP has announced its latest verdict, suspending an adviser’s registration for failing to comply with his obligations when providing advice to three clients.
Having sold Madison to Infocus earlier this year, Clime has now set up a new financial advice licensee with eight advisers.
With licensees such as Insignia looking to AI for advice efficiencies, they are being urged to write clear AI policies as soon as possible to prevent a “Wild West” of providers being used by their practices.
Iress has revealed the number of clients per adviser that top advice firms serve, as well as how many client meetings they conduct each week.
