Centrepoint Alliance has used its half-year results investor presentation to announce plans to increase the number of advisers and practices in the coming year.
The business told investors that growing its adviser numbers is one of its strategic business goals, adding that as higher quality firms have joined the business, lower value firms have been exiting.
According to the investor presentation, Centrepoint will look to grow adviser numbers by offering “a more profitable and attractive proposition for advisers”, while also supporting those advisers to grow their client base.
Additionally, Centrepoint noted it had acquired 90 new firms in the past two years, has a “strong current pipeline” in place, and that firms that have joined the business more recently have represented better value than older firms.
“As we recruit new quality firms, lower value firms are exiting,” the company said.
Labor’s stance on advice issues might be complicated, but if the current government fails to win a majority on the ...
Responding to an ASIC paper, the stockbrokers association has argued that the lack of advisers has impacted the ...
While the lead-up to the end of the financial year can be a whirlwind for financial advisers, two advice executives have ...
Never miss the stories that impact the industry.
Get the latest news! Subscribe to the ifa bulletin