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In Brief: July Edition  

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SINGLE PRACTITIONER FINANCIAL PLANNING PRACTICES – THERE’S LIFE IN THEM YET

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25 May 2020 by Eugene Ardino, IFA

Article link: https://www.ifa.com.au/opinion/28019-single-practitioner-financial-planning-practices-there-s-life-in-them-yet

A number of institutional licensees are focusing increasingly on servicing the needs of multi-adviser businesses, rather than single practitioners. Research by Adviser Ratings in 2019 found that major institutions had increased licensee pricing substantially for single authorised representative businesses with less than $500,000 annual revenue, and were rapidly extracting themselves from the $200,000-$500,000 annual revenue segment.


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