The findings of the Royal Commission into Banking and Financial Services have now been handed down, and for Partners Wealth Group there is little to no impact as a result of the Royal Commission other than the impact of trail income in our Lending business.
I am proud to say that our Financial Planning business model of charging ‘Client Directed Fees’ has almost entirely been in operation since we commenced in 2003.
It is clear that in the future, further regulation will enter our industry. I am confident that this presents our business with more opportunities to thrive and to continue to do our best every day to make a difference in our client's lives.
If the Royal Commission has raised any thoughts, concerns or otherwise for you, please contact myself or your Financial Advisor directly, and we will be happy to discuss.
Partners Wealth Group