Benefits of Your Own Licence

Protect your practice from dealer group failings

  • Separate your practice from the dealer group risk of negative publicity, poor compliance and ASIC attention.
  • Separate your practice from the dealer group risk of rogue or poor-quality advisers.
  • Remove the conflicts of interest which exist in many dealer groups.

Freedom to explore and implement the best solutions for you and your clients

  • Recommend the strategies, products and services which best suit the needs of your clients.
  • Engage the best compliance resources to support and protect your practice.
  • Select the service providers (financial planning software, CPD, research, practice development) which best serve your practice.

Relief from the additional layer of compliance rules imposed by dealer groups

  • Establish compliance arrangements which reflect the skills, experience and ethics in your practice
  • Avoid the lowest common denominator approach of dealer groups
  • Avoid the continual tinkering and expansion of compliance rules

And for many practices, there is the bonus that it is cheaper and less time-consuming to hold their own licence.