In her FPA Congress keynote address, Professor Pamela Hanrahan articulated a point that I would argue many advisers understand, but that possibly gets lost in the noise.

In our recent blogs we mentioned the AAN Investment Committee had been very active through this recent downturn. 

This sort of event can provide an opportunity and the attached information will give you a fuller explanation of the restructuring and repositioning that occurred towards the end and during the re-weight of the March Quarter. 

This is for your information only and is a little technical, however we hope it provides a deeper understanding of the work that is going on behind the scenes.

In today’s world, it seems there is nothing more difficult to achieve than consensus. With almost every topic a matter for partisan debate, asking a group of people to respond to a common piece of stimulus will typically result in a range of reactions, no matter how straightforward that stimulus might appear.

Put it to a group of Australians that the sky is blue and you’re almost guaranteed to be faced with a diversity of views.

This week at AAN, we were fully expecting a Labor party led by Bill Shorten to be heading to the lodge and their agenda to start being factored into our strategies…

The concern was always that the ALP had already flagged a mini budget in September, which would have meant at least another four months of uncertainty and then looking at the impacts of the changes they were going to introduce.

AAN Asset Management (AANAM), the investment advice subsidiary of Australian Advice Network Pty Ltd, has grown rapidly since its introduction in January 2016.  The AAN Models now manage almost $400Million.

The existing investment committee, made up of senior practioners and directors within the license, has always sourced input from external advisers however; these advisers did not have designated roles or voting rights.

Whilst the Banking Royal Commission was making headlines earlier in the year and for much of last year, our team have been crunching numbers, and now that the data is in, we can’t help but think our clients were the winners in 2018!

“This award recognises the financial planning Licensee that has created the most effective business from the start-up phase.  Based on business growth metrics and the support of individual advisers, the award considers the activities, strategies and actions of the group in terms of adviser recruitment and retention, as well as the success of individual advisers in supporting the group’s overall growth and development”