I'm still unsure if that was just the standard throw away lines, everyone knows China is a growing market with a huge middle class and Asia has been in a growth faze for quite some time. Can't see their advice businesses having high costs of administration and compliance like we experience here with ASIC etc.
The main game for IAM is to gain the biggest market share of the advice business (back office functionality) of the Australian FP industry. I can't see how any of our board members could look to the international advice markets when domestically the opportunity is untapped as previous research has supported.
Look its great to dream big but I just believe that the term 'Global' has replaced the old 'Analyst'. Happy to be proven wrong though mate, cheers
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