29 May 2012 14:02
Financial reform is forcing a rethink on portfolio construction with investment philosophy firmly in the spotlight.
In the first of PPO’s Education Series interviews we asked Graham Rich to outline what affect Future of Financial Advice (FoFA) legislation will have on portfolio construction.
But have the financial advice community been able to make the leap from investment philosophy to portfolio construction for clients?
construction, FoFA, Graham Rich, philosophy, portfolio
Advice firms will need a 25 per cent increase in ongoing fees to sustain desirable shareholder returns, according to data and analysis from Peloton Partners. The findings come as the latest Adviser Ratings Landscape Report shows the average advice practice profit margin sits at 23.5 per cent.
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We acknowledge the Traditional Custodians of this land upon which Conexus Financial sits, the Cadigal of the Eora Nation. We recognise their continuing connection and unique cultural and spiritual relationships to the land, waters and community. We pay our deepest respects to them and their culture, and to Elders both past and present.
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