Futuro Financial Services Pty Ltd is significantly strengthening and extending the range of services offered to its national network with the announcement of senior appointments in NSW, Queensland and Western Australia.

A senior strategy and research adviser has been hired by Manly Financial Services (MFS) in Sydney, while one planner has joined iPlan in Brisbane. In Perth, a Futuro aligned practice – Stablewealth – has employed a technical planner, a para-planner and a client service coordinator in a bid to achieve economies of scale and growth.

Futuro’s Executive Chairman Mr Dennis Bashford said the group was assisting its practices to strategically expand their businesses into those markets that they individually had decided would offer them the best growth and opportunity.

“We believe there is more value to us, as an AFSL, in identifying practices that are aggressive and committed to growing their businesses and then actively supporting that growth rather than simply focusing on practice numbers,” Mr Bashford said.

“We appreciate that our advisers run unique practices of their own and we spend a lot of time in getting a clear understanding of what they want to achieve and then providing them with the type of support that will see them achieve that. Futuro is not running a sausage factory, so our job is to help each one prosper based on their strategic plan.”

In some cases, this involves recruiting advisers and planning staff to fill new vacancies in advisers’ offices and can also involve sourcing, for them, compatible and complementary client bases.

Expansion in headcount is ongoing. Futuro announced two months ago that it had recruited two senior financial advisers for MFS to assist that practice to maximise its growth in Sydney’s northern beaches.

Source: Futuro Financial Services

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