QLD advisory firm establishes new AFSL
Queensland based advisory firm, Complete Financial Balance (CFB), has joined the Arthur J. Gallagher group under a new Australian financial services licence (AFSL).
CFB director and principal, Tapel Cafer, said the move was part of the firm's growth strategy.
"The opportunity to be part of a larger group is compelling and we will be able to provide our clients with many new services and areas of expertise," he said.
CFB founding director, Graham Campbell, said CFB was delighted to be part of Gallagher's employee benefit consulting and brokerage operations and looked to enhance their advice and benefits proposition to small and medium enterprises (SMEs) and large corporates in the Australian market.
CFB was founded in 2002 and offered a full suite of advisory services to the medical and SME market.
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.
