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Thursday, February 10, 2022 11:17:52 AM
https://www.linkedin.com/in/johnpetersonofficial/?originalSubdomain=au
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The new joint venture will assist Australian Accountants and Financial Advisers to create a bespoke one-on one platform throughout Australia. While the concept of Accountants and Financial Advisers partnering to deliver value to clients is not a new one, there has never been a strategic initiative on behalf of both industry sectors on this scale before. This strategic partnership will provide an entirely new growth and succession plan for Accountants and Financial Advisors and provide management, and financial continuity for clients into the future.
"Both Accountants and Advisers have skin in the game," says John Peterson, founder of Best Practice Accountants Group. "Both parties work well together when structured to do so. Our development programs create income for both Accountants and Advisers and both are rewarded properly in the short and long term through profit distribution and balance sheet participation.
The unique model offers equity participation for both Accountants and Financial Advisers. Participants are vetted for suitability through the Best Practice Quality Assurance program, then actively supported from inception and thereafter. The AFSL, compliance, and specialist financial adviser support is provided by TFLG’s national and state support team.
Appears to be a mover and shaker.
SMCE A FINTECH COMPANY & STOCK
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