Total Financial Solutions 2020 end date



CountPlus has confirmed that its associated dealer group Total Financial Solutions (TFS) will cease operating early next year.
CountPlus chief executive, Matthew Rowe, has used his annual general meeting address today to confirm that 32 Total Financial Solutions firms accounting for 62 Authorised Representatives have been offered the opportunity to join Count Financial.
He said four TFS firms involving four authorised representatives had decided to exit the industry and that three TFS firms accounting for eight authorised representatives had not been offered the opportunity and were being assisted to joint other licensees.
CountPlus foreshadowed its move to close down the TFS license in late June.
Recommended for you
BT is to launch a new low-cost “Focus” investment menu for its Panorama platform this October, in partnership with Vanguard, seeking to compete with industry superannuation funds.
Net gains of financial advisers have already doubled since the start of FY25, according to this week’s Padua Wealth Data, with momentum gathering pace far faster than the previous financial year.
National advice firm MiQ Private Wealth has appointed a new chief executive to lead the business through a “transformative era” after penning a partnership deal with AZ NGA earlier this month.
WT Financial’s managing director, Keith Cullen, believes the firm’s Hubco model with Merchant Wealth Partners will be a “repeatable growth model” for the business as it scales its adviser numbers.