The transparency of a new investment information service may make it a suitable tool for financial advisers seeking to comply with FOFA’s best interest requirement, according to its founder.
Career stockbroker Shawn Hickman has launched a new investment information service, MarketMatters.com.au, aimed at self-directed investors and SMSF trustees, and sees an opportunity to work with advisers.
“We welcome interest from third-party advisers and consultants to SMSF investors and think there are opportunities to work together,” Mr Hickman told ifa.
Mr Hickman, a former derivatives, equities and futures trader at Goldman Sachs and JB Were says the research service is different from other reports in the market due to is transparency.
“I trade my own money the same way I advise my clients to trade and am prepared to be transparent as to my own portfolio’s performance,” Mr Hickman said.
Mr Hickman is also a trader currently at Shaw Stockbroking, under whose AFSL Market Matters will operate.
SUBSCRIBE TO THE IFA DAILY BULLETIN
- 20 Sep 2018Independent advice will prosper but must be paid for: LovedayBy James Mitchell
- 21 Sep 2018Former ASFA policy advisor to boost FPA ranksBy Reporter
- 21 Sep 2018Aligned advisers in search of freedomBy Adrian Flores
- 20 Sep 2018Banned Perth adviser did not engage in dishonest conductBy James Mitchell
- 20 Sep 2018‘No advisers have been mistreated’: DalyBy James Mitchell
- 20 Sep 2018Beacon advisers held ‘ransom’ while IIOF money remains missingBy James Mitchell
- view all