As big banks leave the wealth management sector and huge shares of the market are left open for the taking, Australia’s shifting market dynamics is creating an opportunity that will likely see major changes in accounting and advice firms in the near future.
Taurus client, Vincent Holland, co-founder of financial planning software, Plutosoft, explains that “there’s a void in the industry currently” and that this will drive many players in the wealth management industry to restructure their business offerings and strategies.
SMSF Adviser shares insights on what the industry landscape may look like in the future and what this means for various firms.
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