TMM - News

Commission threat unlikely to hit business value: Mike Moore

Tuesday 26th of February 2019

Advisers fear proposed changes from the Royal Commission, including a review of lender-to-broker commission and a ban on trail, will spill over to New Zealand banks. Anecdotally, advisers say mortgage advisory businesses have fallen in value.

Yet Moore, who advises on the sale and acquisitions of adviser businesses, says the true value of an adviser business is its breadth of product of...

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