Kiwi Adviser Network lures experienced advisers
KAN, launched by the team behind Trail CRM earlier this year, has lured two well-known advisers from NZFSG as it builds its presence.
The technology-driven group has taken on advisers including Jeff Royle, of iLender, and Hamish Patel, of Mortgages Online, in recent weeks.
The duo have joined KAN as advisers consider their group membership under the FSLAA regime, and the transition to full licensing.
Royle, a non-bank lending specialist, said his business model "did not really fit with NZFSG", particularly with regard to being able to charge fees when using a lender that also paid commission.
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