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Showing 51 - 55 of 55 results for "Buyer of Last Resort"

How advisers can double their business value

MARK SMITH  |  WEDNESDAY, 6 FEB 2013
... typically valued on a multiple of annual recurring revenue with many institutionally owned licensees having a 'buyer of last resort' (BOLR) benefit in place for their planners based on a pre-determined multiple of that revenue. The outcome of this structure ...

Dealer groups compete for planners: survey

ELISE BURGESS  |  THURSDAY, 22 SEP 2011
... their top five. Meanwhile the five least important were credit and loan services, dealer group financing, buyer of last resort policies, paraplanning support and brand recognition. "However dealer groups are letting down planners in three key areas according ...

No conflict, more interest on MLC

... favouring in-house products to one based on an independent market valuation. Under MLC's existing model a 'buyer of last resort' (BOLR) contract, which is an arrangement where a fund manager agrees to buy a financial planning practice, is traditionally ...

FPA releases draft conflict of interest guidelines

... involved in the taskforce all said they were examining their existing practices on commission splits and Buyer of Last Resort (BLR) practices to ensure they were transparent. "In one of our dealer groups [Financial Wisdom] we do have preferential splits ...

Accounting profession imposes stricter standards on financial planning members

... higher fees at a later date; explain properly the cost of the initial and ongoing service; must disclose buyer of last resort arrangements; and must disclose any conflicts of interest. The new standards have also been formulated to increase industry ...
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