Risk specialists find Bombora’s approach 'too compelling’ to ignore

30 July 2014
| By Nicholas |
image
image
expand image

Market newcomer, Bombora Advice’s approach to partnering licensees proved irresistible to risk specialists, SME Wealth Protection and RPS Advisory Group.  

Bombora managing director, Wayne Handley, said the group was developed to be fundamentally different to the traditional licensee model, and was not “obsessed” with recruiting numbers for the sake of it. 

He said the group’s success was not measured by funds under management or adviser numbers. 

It was this approach that attracted SME Wealth Protection’s Mike Rollinson to the Bombora model. 

“Bombora’s risk specialisation, boutique approach and collegiate environment and infrastructure were too compelling an offer to ignore,” he said. 

“These were the very values that most influenced my decision and the benefit to the practice is already being felt with Bombora’s risk specialisation and support services dovetailing seamlessly into SME Wealth Protection’s activities.” 

RPS Advisory Group’s Andrew Dwyer said the decision to partner with Bombora had been widely supported by his allies in centres of influence.  

“My centres of influence have been overwhelmingly supportive of the move to Bombora as they too acknowledge and appreciate the greater depth of benefit and services RPS Advisory will be able to provide,” he said.

AUTHOR

Recommended for you

sub-bgsidebar subscription

Never miss the latest news and developments in wealth management industry

MARKET INSIGHTS

Completely agree Peter. The definition of 'significant change is circumstances relevant to the scope of the advice' is s...

3 weeks ago

This verdict highlights something deeply wrong and rotten at the heart of the FSCP. We are witnessing a heavy-handed, op...

3 weeks 5 days ago

Interesting. Would be good to know the details of the StrategyOne deal....

1 month ago

Insignia Financial has confirmed it is considering a preliminary non-binding proposal received from a US private equity giant to acquire the firm. ...

5 days 23 hours ago

Six of the seven listed financial advice licensees have reported positive share price growth in 2024, with AMP and Insignia successfully reversing earlier losses. ...

1 day 14 hours ago

A former Brisbane financial adviser has been charged with 26 counts of dishonest conduct regarding a failure to disclose he would receive substantial commission payments ...

4 weeks 1 day ago