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.
