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The cost of running a one-person FAP revealed

Tuesday 18th of February 2020
Compliance firm Strategi said it was likely that it might cost about $10,000 to establish a FAP with one to three advisers, and then another $10,000 a year to operate.
That includes adviser time at a rate of $200 per hour.
Larger FAPs would be more expensive to set up, at about $15,000 to $18,000, it said.
Businesses would need to think about the size of their business,...
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