You overlook how reliant AMP is on their (inhouse) financial planners.
AMP is paid dealer group fees from these planners which is a simple percentage of the revenue of their practice.
Their FUM is also a derivative of their in-house planners recommending their own investment products and platforms (with previous BOLR incentives in place for planners to recommend AMP products only).
The vertically integrated business model lives and dies by the financial planners working for them AKA the salesforce.
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Open | High | Low | Value | Volume |
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Price($) | Vol. | No. |
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No. | Vol. | Price($) |
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1 | 50 | 1.115 |
3 | 75377 | 1.110 |
4 | 84498 | 1.105 |
3 | 73610 | 1.100 |
2 | 96086 | 1.095 |
Price($) | Vol. | No. |
---|---|---|
1.125 | 920 | 1 |
1.130 | 88340 | 8 |
1.135 | 446944 | 15 |
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1.145 | 224424 | 9 |
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