Giving hostages to fortune: Licensees, advisers and the ties that bind themBY SEAN GRAHAM | TUESDAY, 12 JUN 2018 2:52PM The end of vertically integrated businesses "The reports of my death are greatly exaggerated" - Mark Twain. Those of us who recently sat, transfixed and unblinking, captivated ... Upgrade your subscription to access this article
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MAGDELINE JACOVIDES
FOUNDER AND FINANCIAL ADVISER
MAZI WEALTH
FOUNDER AND FINANCIAL ADVISER
MAZI WEALTH
On top of running a successful practice, Mazi Wealth founder Deline Jacovides is a fierce advocate for closing the superannuation gender gap and has built a highly popular social media presence that takes financial literacy to the next level. She tells Karren Vergara where her passion comes from and how she integrates it all with family life.
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Well said - except that in the future world of better perfomance by advicers and licencees - mistakes, negligence and ilegal activity will still happen, as it does in all walks of life. I think that the customer is better served by engaging with a licensee that has the incentive to stay in business and has deep pockets to fix the bad stuff. Even if malfeasance occurs less than before, it only takes one mistake to cause a a large loss to the client - perhaps too large for a small licensee to rectify.