Dealer group Omniwealth Services has launched a licensee services business to cater to demand for consulting from boutique financial planners.
Omniwealth Licensee Services will provide clients with “the same practice support as our normal members”, providing them access to a network, while maintaining control of their Australian financial services licence (AFSL).
“Over the last two years, we have been approached by firms who hold their own AFSL,” said Omniwealth managing director Matthew Kidd.
“Having done all the hard yards, they are reluctant to give up their licence but still want to benefit from being a member of our unique group,” he added.
SUBSCRIBE TO THE IFA DAILY BULLETIN
- 18 Oct 2017AFA suffers budget blowoutBy Killian Plastow
- 18 Oct 2017ISA ups ante on governance lobbyingBy Aleks Vickovich
- 18 Oct 2017Managed accounts drive revenue: researchBy Staff Reporter
- 18 Oct 2017Midwinter and PractiFI announce integrationBy Staff Reporter
- 18 Oct 2017Hub24 announces partnership with EurozBy Staff Reporter
- 18 Oct 2017Former NZ PM joins ANZBy Staff Reporter
- view all