This was a pretty detailed update. It includes the next steps of what they need to achieve and it also includes some timelines.
Things are progressing well with CBA.
Weekly and monthly meetings as well as progressing the pilot via live advice scenarios.
More staff is being accredited to work with CBA and vice versa (more 2 week training scheduled).
Increasing work from CBA
Plan to Increase the number of paraplanners working with CBA.
Boom 2 development is progressing
At its current stage able to service 50pc of client needs.
Currently developing boom 2 to work on other services (retirement,etc) which will allow iam to service 80pc of client needs
So my expectation next qrt is further increase in revenue. More work being ordered + more paraplanners to work with them, that's a no brainer. The question is how much More? Double? Slightly more than Double?
Double would be nice...
Remember, don't put your house on a spekky. Leave the emotions elsewhere. There will be people with multiple opinions. But the fact Is, iam is getting more work and their relationship with CBA is getting closer...imho
IAM Price at posting:
1.6¢ Sentiment: Hold Disclosure: Held
