FinClear tells ifa why advisers should be offering HIN-based products to their clients to reduce the layers of fees charged through wrap platforms. Traditional platforms charge advisers and their clients multiple layers of fees, but by utilising their HINs properly investors can reduce their fee payments while still being able to invest in a huge universe of products.
Find Out More: https://finclear.com.au/



No doubt your onto something here.
Sounds like an admin nightmare
Yeah but what about the FATCA/CRS / W8BEN etc admin. You don’t mention the downside of all that registry paperwork.