Total Financial Solutions 2020 end date

matthew rowe Countplus Total Financial Solutions Count Financial

19 November 2019
| By Mike |
image
image
expand image

CountPlus has confirmed that its associated dealer group Total Financial Solutions (TFS) will cease operating early next year.

CountPlus chief executive, Matthew Rowe, has used his annual general meeting address today to confirm that 32 Total Financial Solutions firms accounting for 62 Authorised Representatives have been offered the opportunity to join Count Financial.

He said four TFS firms involving four authorised representatives had decided to exit the industry and that three TFS firms accounting for eight authorised representatives had not been offered the opportunity and were being assisted to joint other licensees.

CountPlus foreshadowed its move to close down the TFS license in late June.

Read more about:

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 4 days ago

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

1 month 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. ...

1 week 3 days 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. ...

5 days 19 hours ago

Specialist wealth platform provider Mason Stevens has become the latest target of an acquisition as it enters a binding agreement with a leading Sydney-based private equi...

4 days 23 hours ago