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Robert De Dominicis
CHIEF EXECUTIVE OFFICER
GBST HOLDINGS LIMITED
GBST HOLDINGS LIMITED
It was during a family sojourn to the seaside town of Pescara, Italy, Rob DeDominicis first laid eyes on what would become the harbinger of his future. Andrew McKean writes.
For many advisers both financial planners and general insurance brokers are severely handicapped by the greed of their licensees. All too often the licensee directs investments, premium funding and which insurers to utilise because of "backhanders", shareholding commissions, and overrides.
There are many examples available of FP clients losing millions of dollars because of the licensees greed. I know I for one can name numerous examples, as can most experienced advisers and brokers.