Powered by MOMENTUM MEDIA
moneymanagement logo
 
 

Bombora ticks boxes for MBS

financial-planning/financial-advice/

29 July 2015
| By Nicholas |
image
image image
expand image

Keeping advice and product separate are key factors in MBS Insurance's decision to join the Bombora Advice dealer group.

MBS partner, Kris Mason, announced the risk specialist practice had joined the group earlier this week.

"The move to Bombora suits the MBS model as it separate product from advice and positions from advice and positions the practice very clearly in the independent sector — a move that will provide comfort to COIs and the accounting firm we service," Mason said.

"Being in control of our destiny was a major priority for MBS [as it is becoming for many more advice practice principals] and a further exciting outcome of the move to Bombora was the opportunity to take equity in the dealer group as a partner."

Bombora managing director, Wayne Handley, said MBS was a good ‘cultural fit' for the group.

Read more about:

AUTHOR

Recommended for you

sub-bgsidebar subscription

Never miss the latest news and developments in wealth management industry

MARKET INSIGHTS

Significant ethical issues there. If a relationship is in the process of breaking down then both parties are likely to b...

1 week ago

It's not licensees not putting them on, it's small businesses (that are licensed) that cannot afford to put them on. The...

2 weeks ago

So we are now underwriting criminal scams?...

6 months 2 weeks ago

After last month’s surprise hold, the Reserve Bank of Australia has announced its latest interest rate decision....

1 week 2 days ago

A professional year supervisor has been banned for five years after advice provided by his provisional relevant provider was deemed to be inappropriate, the first time th...

3 weeks 1 day ago

WT Financial’s Keith Cullen is eager for its Hubco initiative to see advice firms under its licence trade at multiples which are catching up to those UK and US financial ...

1 week 6 days ago

TOP PERFORMING FUNDS

ACS FIXED INT - AUSTRALIA/GLOBAL BOND
Fund name
3y(%)pa
1
DomaCom DFS Mortgage
74.26 3 y p.a(%)
3