Bombora Attracts Two New Practices
Mike Rollinson, of SME Wealth Protection, and Andrew Dwyer, RPS Advisory Group, have both signed-up to the boutique licensee, with further practice additions expected to be announced next month.
Mr Rollinson’s first job was with Phoenix Assurance (Asteron) in 1978 in the UK, and his industry career continued with many senior management roles in Queensland, before he decided to strike out on his own and establish Brisbane-based SME Wealth Protection in 2010.
Mr Dwyer joined the financial services industry in 2008 and operates his practice in Geelong Victoria. He has developed a very close and productive relationship with his centres of influence (in particular the Scotts Chartered Accountants group with whom he shares his business address), and this has underpinned his business growth and reputation as a professional financial services practitioner.
Welcoming the two practices to Bombora, Managing Director, Wayne Handley, said the advisers shared two very distinct yet common traits that underpinned their decisions.
“Both Mike and Andrew acknowledged and appreciated the benefits provided by their respective dealer groups but felt very strongly that in the long term, their clients, practices and relationships with centres of influence/alliance partners would benefit more from a dedicated risk specialist dealer group,” Mr Handley said.
Bombora’s aim is to be different from traditional licensee models, measured by FUM or adviser numbers. “It will not be obsessed with recruiting numbers for numbers sake but instead growth will be managed within a collegiate infrastructure based on ‘sharing value’,” said Mr Handley.
A specialised integrated business model from licensee to practice can only enhance productivity, marketplace differentiation and client service activities
“These were the very values that most influenced my decision and the benefit to the practice is already being felt with Bombora’s risk specialisation and support services dovetailing seamlessly into SME Wealth Protection’s activities,” added Mr Rollinson.
“A specialised integrated business model from licensee to practice can only enhance productivity, marketplace differentiation and client service activities,” he said.
Adding his voice, Andrew Dwyer, said: “My centres of influence have been overwhelmingly supportive of the move to Bombora as they too acknowledge and appreciate the greater depth of benefit and services RPS Advisory will be able provide to our collective client network.
“I’m especially confident that the wealth of knowledge, experience and expertise contained within the Bombora team will assist me greatly in the attainment of my personal, professional and practice growth aspirations.”
Last month, estate planning specialist, Mark Everingham, brought his business Personal Risk Professionals under the Bombora license, see: Demand for Risk Specialists Will Grow – Bombora.