NSW practice joins cream of the crop
One of MLC’s Garvan Financial Planning licensees has become the first New South Wales business to be awarded the five ticks of SAI Global’s Quality Endorsed Company program for excellence in the provision of financial advice.
The business, Finance Control, was independently assessed and showed the highest standards in customer communications, risk management, internal processes and service delivery.
The financial advice firm is the second in Australia to achieve the five ticks, which represent Financial Planning 9000 accreditation, the specially developed financial planning version of the internationally recognised quality management system ISO 9001.
MLC participated in the development of SAI Global’s program and has been given 12 months exclusive access, which ends in September.
Recommended for you
As the end of the year approaches, two listed advice licensees have seen significant year-on-year improvement in their share price with only one firm reporting a loss since the start of 2025.
Having departed Magellan after more than 18 years, its former head of investment Gerald Stack has been appointed as chief executive of MFF Group.
With scalability becoming increasingly important for advice firms, a specialist consultant says organisational structure and strategic planning can be the biggest hurdles for those chasing growth.
Praemium is to acquire an advanced technology firm for $7.5 million, helping to boost its strategy to be a leader in AI-powered wealth management.
