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Home Podcast

Outlook for advice practice values in 2021

2020 was a rocky year for practice valuations, with AMP’s landmark decision to revalue its BOLR terms having a butterfly effect through the market while thousands of advisers exited the industry. In this episode of The ifa Show, Forte Asset Solutions founder and managing director Steve Prendeville discusses how advisers have reformed their businesses in the face of the transition to annual renewals, the removal of grandfathered commissions and escalating business costs.

by Robyn Tongol
December 30, 2020
in Podcast
Reading Time: 1 min read
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Steve also touches on why the transformation of the advice industry is viewed as an investment opportunity for many buyers, how COVID-19 has boosted business values and whether the adviser exodus will continue in 2021.

 

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Comments 3

  1. Anon says:
    5 years ago

    TLDL – anyone got a précis?

    Reply
  2. Craig Smith says:
    5 years ago

    Great session. Realistic and yet positive. Finally things are coming together for advisers focused on providing client services as a business.

    Reply
  3. Anonymous says:
    5 years ago

    I wish there was a transcript, even a google cloud transcript would be helpful. 28 minutes is too long.

    Reply

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