Steady, measured growth key to firm success

A leading non-aligned advice firm says taking a deliberate and measured approach to its business has been a major factor behind its rapid growth and success.

Speaking to ifa, Akambo managing director Anthony Kapetanovic said the firm has implemented a “deliberate and measured approach to better position our business and to further grow the wealth of our clients”.

He said the structure Akambo has adopted has resulted in a period of steady and welcome expansion.

“Accordingly, we have grown our national network to cater for increased demand, and we have also launched a new look which better positions our business in the marketplace, reflecting our expanded divisions, influence and activities, and explaining our company structure, which offers an unmatched service to the industry and our clients," Mr Kapetanovic said.

In addition, Mr Kapetanovic said Akambo is also attracting financial advisers with mature businesses who are looking for a boutique licensee that makes it possible (and easy) for them to grow their business away from the traditional model that has typically been built on a wrap account platform with managed funds.

“Our goal is to help advisers with a direct investment solution and market leading ‘managed accounts capability’, so they can provide their clients a flexible, transparent and low-cost structure that embraces the key principles of the ‘best interests duty’ for clients,” he said.

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“Embracing wide and continuous market knowledge, Akambo delivers an easy-to-understand and high-value platform delivering strong results in an ethical manner.”

Akambo noted its recent growth has seen its network develop to six senior internal advisers, 80 authorised representatives across Australia, many of whom are accountants, and over 20 referral joint venture partners.

Further, Akambo’s director and head of advisor services Joe Akiki won practice principal of the year at the 2018 ifa Excellence Awards.

Steady, measured growth key to firm success
growth key to firm success
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Adrian Flores

Adrian Flores

Adrian Flores is a deputy editor at Momentum Media, focusing mainly on banking, wealth management and financial services. He has also written for Public Accountant, Accountants Daily and The CEO Magazine.

You can contact him on [email protected].

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