Brisbane-based financial planning firm, Futuro Financial Services Pty Ltd has ended its relationship with AMP Limited and is now 100 per cent privately owned and non-aligned.
The company’s executive chairman, Dennis Bashford announced this week that the relationship with AMP had been formally ended.
“With a 17-year track record at Futuro, we felt we were perfectly positioned to make the best of the current environment and as part of this have now formally finalised the end of our relationship with AMP,” he said.
He said that for the last 18 months Futuro had been “going through transitional change to satisfy tomorrow’s advisers”.
“We feel that the conscious move to become a non-aligned AFSL means we are looking forward to future with excitement and anticipation,” Bashford said.