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.
Advertisement
Advertisement
News
- 22 Jan 2019Advice issues stem from writing of SOAs, says RafteryBy Adrian Flores
- 21 Jan 2019Federal Court winds up CFS Private WealthBy Eliot Hastie
- 22 Jan 20192.44m Aussies suffer from financial stressBy Sarah Simpkins
- 22 Jan 2019BT releases 6 ‘core’ managed portfoliosBy Eliot Hastie
- 21 Jan 2019Licence conditions placed on Sydney AFSLBy Adrian Flores
- 21 Jan 2019O’Dwyer steps down from politicsBy Adrian Flores
- view all
