AMP 1.30% $1.17 amp limited

AMP Advice and Wealth

  1. 77 Posts.
    lightbulb Created with Sketch. 9
    With the AMP Advice division continuing to run at a substantial loss and as it seems, will continue to do so well into the long foreseeable future, why would an independent financial adviser (non aligned) move their clients to the North Platform? There are many platforms available on the market and all are looking for ways to improve interface/useability/attractiveness/fund availability etc for the financial adviser. Why would a (potentially cynical) financial adviser be bold enough to make this move?? North as platform will need to be undoubtedly the best to win hearts and minds. Interested in thoughts and the medium term impact to the overall business as the way I see it, it's a very long game that will need to be played here and a lot of patience required.
    https://www.ifa.com.au/news/31219-amp-ceo-concedes-advice-business-will-continue-to-run-at-substantial-loss-in-2022?utm_source=IFA&utm_campaign=23_05_22&utm_medium=email&utm_content=2&utm_emailID=
 
watchlist Created with Sketch. Add AMP (ASX) to my watchlist
(20min delay)
Last
$1.17
Change
0.015(1.30%)
Mkt cap ! $3.171B
Open High Low Value Volume
$1.17 $1.17 $1.16 $13.70M 11.72M

Buyers (Bids)

No. Vol. Price($)
3 33861 $1.16
 

Sellers (Offers)

Price($) Vol. No.
$1.18 22396 5
View Market Depth
Last trade - 16.10pm 29/03/2024 (20 minute delay) ?
Last
$1.17
  Change
0.015 ( 0.83 %)
Open High Low Volume
$1.16 $1.17 $1.16 2905064
Last updated 15.59pm 29/03/2024 ?
AMP (ASX) Chart
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.