CF1 0.00% 2.0¢ complii fintech solutions ltd

Potential Billion Dollar Company, page-460

  1. 253 Posts.
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    This is what I read from the article that @justbyanose posted. What an amazing find.

    http://www.professionalplanner.com....e-amps-new-goals-based-advice-business-49786/

    This is an extract from that article.

    "AMP Advice currently has 11 operating practices around the country, and aims to have as many as 30 by the end of the year as ipac Securities practices transition to the new model, and as other AMP-aligned practices voluntarily make the move. The ipac brand will eventually disappear as the new advice business expands."

    My understanding from this article is
    1./ AMP is expending their business from 11 to as many as 30 practices. It seems almost triple the number of their current practices. From 11 to 30.
    2./ By when? By the end of the year
    3./ How will they do achieve this? "As IPAC Securities practices transition to he new model.
    4./ AMP aligned practices voluntarily make the move.
    5./ The IPAC brand will eventually disappear as the new advice business expands.
    (Word by word)

    If IPAC brand will eventullay disappear, what would it mean to IAM ?
    It seems that IPAC is in transition by disappearing to become something larger.

    I am holding my investment as tight as I can. What a confidence boost.
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