I see a future where only high net worth individuals paying high fees get a face to face adviser, the rest are serviced by robot or scaled phone services etc.
I broadly agree with your view, but isn’t HNW individuals what Shadforth is all about? And doesn’t Shadforth generate the vast majority of IOOF’s Advice UNPAT (or the quasi-totality, even, after the disposal of Ord Minnett)?
I see a future where only high net worth individuals paying high...
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Last
$3.67 |
Change
0.150(4.26%) |
Mkt cap ! $2.461B | |||
| Open | High | Low | Value | Volume |
| $3.55 | $3.73 | $3.54 | $7.648M | 2.077M |
Buyers (Bids)
| No. | Vol. | Price($) |
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| 2 | 8965 | $3.67 |
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