It is important for all Personal Risk Professionals clients understand the relationship that exists between Bombora Advice and its Authorised Representatives.
WHAT YOU NEED TO KNOW...
The financial services environment in Australia is highly regulated by the Australian Securities and Investment Commission (ASIC). Bombora Advice is an Australian Financial Services Licensee (AFSL No: 439065), and it authorises several entities, including Personal Risk Professionals, to provide advice and services to clients, on its behalf. Although Personal Risk Professionals will provide you with financial advice and services, Bombora Advice remains responsible for that advice whilst Personal Risk Professionals is authorised under its Licence.
Who is Bombora?
Bombora Advice was formed in 2013 by a group of like-minded advisers who wanted to provide the highest levels of professional advice to their clients, in a business relationship which matched their collective views on advice preparation, delivery, and client service. Bombora is a privately owned Licensee that aims to provide the highest standards of professional advice and ongoing service to their clients through their Authorised Representatives.
What's Bombora's Role?
Whilst financial advisers authorised through Bombora Advice Pty Ltd have access to a broad range of investment products, investment platforms and insurance underwriters, Authorised Representatives of Bombora Advice are only permitted to recommend financial products which are listed on the Bombora Advice Approved Products List. This Approved Products List is formulated via external research support with an internal overlay.
Anything Else I Need to Know?
Bombora Advice is currently a member of the two peak professional bodies representing financial advisers in Australia and supports the ideals embodied in each body’s Code of Conduct and Ethics. Bombora has also taken a lead with role campaigning for advisers during the LIF Reforms and The Royal Commission to ensure clients have access to specialist risk advice.
WANT TO KNOW MORE ABOUT BOMBORA ADVICE?
Please click HERE to take you to their website that contains additional information.