what's wrong with AMP?!, page-319

it was mostly due to their non compliance and lack of ability to operate a successful/profitable business with the upcoming compliance changes that were required by the RC.

Its not possible for a 1 man operation to be very profitable any longer in the FP industry. The amount of compliance required would make it near impossible for a 1 man operation to work. They helped amalgamate the good planners into shared practices and booted the non compliant FP's and the FP's that were not wanting to amalgamate or change.

What they failed to recognise was the fact that the RC had made such an economic change to the entire industry that AMP was within their rights within the BOLR agreements to change the Buyer agreement amounts from 4 X to closer to market.

The economic change, brought upon by the RC, was the greatest change to ever occur in the industry from an economic point of view.

Any FP that disputes this, simply does not want to acknowledge it due to their own personal bias, but all other FP's (outside of those from AMP) readily acknowledge this as fact. The RC brought upon the greatest economic change the FP industry has ever been through, and this was the reason AMP was able to bring the buyer agreement multiples closer to market, all within their legal rights as stated in the BOLR agreements.