Madison launches member expansion campaign
Boutique dealer group Madisons Financial Group has embarked on a campaign to grow its member practices nationwide over the next 18 months.
The Sydney-based group currently has about 30 member firms nationwide comprising a total of 75 authorised representatives, and is looking to attract an additional 10 to 20 member firms.
The goal is to drive funds under advice from a current level of about $2 billion to more than $3 billion over the next thee years, according to strategic relations manager Dennis Munari.
The campaign is based on an expanded adviser services offer to potential member firms, including a separately managed account solution, SMSF administration and a 'filtered research' solution, Munari said.
“We’ve spent considerable time and effort building benefits and services that we think the marketplace is probably requiring in this difficult era.
“There is a lot of turnover in the market, and we think advisers are looking for dealer support services that encourage a new way of doing business,” he said.
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