scaled advice

Financial planning

‘Repeatable growth’ key for WT Financial Hubco model

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 s...

Financial planning

Boutique practices confront prospect of scaling advice

Small and mid-sized advice practices have indicated they feel unprepared to scale up their practices, according to Zenith, but admit it will likely have a positive impact...

Financial planning

Cracking the code to scaled advice delivery

Strategic technology integration and clearly defined advice propositions are two critical elements for building a successfully scaled advice model, Adviser Ratings unpack...

Financial planning

Advice businesses need benefits of scale

One of the key benefits of scale for advice businesses is the ability to invest, particularly in technology, according to Easton....

Financial planning

Episodic advice can’t be ‘cut down’ version of advice

A “cut down” version of advice will cost as much as holistic advice and the industry needs services for those who cannot afford advice that do not involve personal circum...

Features

Confusion and frustration in modern times

COVID-19 has been a catalyst for technological change in the industry but, Chris Dastoor writes, a major issue remains in how technology can address the accessibility of ...

Life/Risk

Scaled advice not in best interests for life/risk

Scaled advice may reduce the cost of advice, but in the case of life/risk insurance, it may not adequately cover the best interests duty for the client....

Financial planning

ASIC has misunderstood the scaled advice rules say stockbrokers

The Australian Securities and Investments Commission has been accused of misunderstanding the rules of scaled advice when it comes to the work undertaken by stockbrokers....