Mercer lauds FPA Professional Practice standing
Mercer claimed this week to have become the first salaried adviser firm to be accepted as a Financial Planning Association (FPA) Professional Practice.
The company said the FPA acceptance covered its six financial advice offices and 40 Strategic Financial Advisers.
Announcing the development, Mercer's Financial Advice Leader for the Pacific market, Michelle Smith, said it was based on the quality of the advisers, the company's remuneration structure and the fact Mercer's advisers are all members of a professional body.
"Sixty five per cent of Mercer's advisers are Certified Financial Planners (CFPs) compared to the 45 per cent industry certification level and 95 per cent of our advisers have a University degree," she said.
FPA chief executive, Mark Rantall said the FPA Professional Practice program recognised quality financial planning practices that were providing the highest quality financial advice in their community."
Recommended for you
Lonsec Research and Ratings has appointed a head of sales, completing the leadership team to boost its reach with financial advisers.
Allianz Retire+ has announced major leadership changes with the appointment of a new CEO and distribution heads to help expand its presence across the wealth channel.
The RBA assistant governor (business services) is set to speak at the Women in Finance Summit 2025, taking place this November.
Momentum Media’s wealth publishing network is pleased to announce the launch of the annual Australian Wealth Management Summit 2025.
