Risk specialist joins Bombora group


Risk advice specialist for medical professionals, MediBroker, has joined the Bombora Advice group as a principal practice.
MediBroker founder and managing director, Aaron Zelman, said he made the move as felt the specialist advice business model and operational infrastructure that help practice businesses grow would suit his firm.
Zelman also wanted access to advisers and specialist support services for his medical industry clients.
"I'm also confident that innovative new products and services will be the outcome of Bombora's working groups contributing ideas and concepts to manufacturers that are drawn from the ‘coal face' and personal interaction to address the protection requirements of Australian consumers," he said.
Bombora managing director, Wayne Handley, welcomed MediBroker to the firm and the team of risk specialists.
"Aaron's passion, professionalism and high profile advocacy promoting the benefits of risk protection are well known and will be a tremendous asset for Bombora further lifting the profile of the organisation and risk advice profession in general," he said.
Recommended for you
A financial advice firm has been penalised $11 million in the Federal Court for providing ‘cookie cutter advice’ to its clients and breaching conflicted remuneration rules.
Insignia Financial has experienced total quarterly net outflows of $1.8 billion as a result of client rebalancing, while its multi-asset flows halved from the prior quarter.
Prime Financial is looking to shed its “sleeping giant” reputation with larger M&A transactions going forward, having agreed to acquire research firm Lincoln Indicators.
An affiliate of Pinnacle Investment Management has expanded its reach with a London office as the fund manager seeks to grow its overseas distribution into the UK and Europe.