Established in 2000, Licensee Select is a leading provider of compliance, practice development, research and advice solutions for advisers looking to, or currently running, their own AFSL. Licensee Select currently provides flexible and tailored solutions to almost 100 licensees and 480 advisers.

David Hunt, National Manager Licensee Select, said the partnership is evidence of more AFSL holders seeing Licensee Select’s offering as a solution that meets the challenges of growing a stronger business.

“We’re pleased to provide a range of licensee services to FIA, which will complement the quality of licensee services they already provide. These services enhance FIA’s tailored solutions as well as helping FIA to grow its business,” Mr Hunt said.

“We’re uniquely positioned to provide AFSLs with the flexibility of a ‘user pays model’ and this tailored solution will enhance FIA’s unique client and business management systems.

“We have specialist Key Account Managers in each state who are responsible for ensuring each of our AFSLs are kept up to date with the latest legislative, compliance and practice development programs.”

Tony Roussos, Chief Operations Officer for FIA, said it was pleased to partner with Licensee Select as an added resource to FIA’s value proposition.

“We are definitely impressed by Licensee Select’s institutional scale and flexibility and can clearly see where its business model will complement our unique in-house capabilities,” Mr Roussos said.

“In particular, we will be utilising Licensee Select’s technical, compliance, and professional development capability. These services provide our advisers with added resources so they can spend more time on what they do best, which is servicing their clients.”