FID 1.96% $7.50 fiducian group limited

This has multiple tailwinds now.- There's the continuing squeeze...

  1. 3,548 Posts.
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    This has multiple tailwinds now.

    - There's the continuing squeeze on advisors which should mean the advice section is breakeven or profitable.
    - Onboarding of more advisors and FUA as a result of franchise expansion and PCCU referrals
    - Platform and FUM flows from advice that's still occurring from PCCU
    - Overall market trending upward
    - Auxilium now being offered outside of Fiducian
    - Cost increases largely factored in (see 1H presentation/report), with headcount increases in the support/admin space

    Should see those jaws widen as op leverage plays out once more.
 
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