ANZ head of aligned licensees Neil Younger said the group is expecting a strong 2013 across all of its businesses.
“We are set for growth in adviser numbers and greater productivity across all of our brands. Investment has been directed toward the licensee businesses and we are looking to take advantage of the changing environment,” he said.
While 2012 was focused on getting the group FOFA-ready, this year ANZ is looking towards attracting and retaining advisers to RI Advice, Financial Services Partners and Millennium 3, he said.
The firm also plans to expand its Home for Life concept, delivering business life stage solutions to its network of advisers, including succession strategies for practices looking to realise value.
ANZ will also support its planners by focusing on knowledge, efficiency and innovation through its advice delivery team, according to Younger.
ANZ are currently recruiting aggressively for new planners and offering quite high base wages to get them. But I know quite a few current and ex ANZ planners and it seems that the current drive for new planners is primarily to replace disgruntled planners who have left due to a really poor culture. I only have this info second hand, but have had it thick and fast from a whole variety of sources. The right culture in a business will help retain quality staff, and that is far cheaper than replacing them.
Maybe Neil would like to explain why the stuffed up advisors with the way the screed the LTI. Incentive programme ???