Financial Limited has a number of points of differentiation. It was the first network to start charging a flat fee per firm dependent on the number of advisers.
Moving away from a percentage share of commission was a bold move at the time but with the move to fee-based services it has proved to be insightful and one that several others have now followed. Another point of differentiation Steve describes as “Treating members as grown-ups”. Steve explains: “Where possible we give advisers choice. We set the boundaries of how they operate but within those boundaries the firms decide how they manage their business end, which IT systems they use”. Perhaps the most impressive differentiation comes in the use of technology to manage the risk of its b...
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