A year after its launch Financial Advice Provider Services (FAP Services) has 14 advisor businesses on its books who together employ 22 advisers across the country.
The firm was started by Cecilia Farrow to provide training, technology, business, and market development along with compliance and administration support to advisor businesses. She expects her firm to be supporting at least 60 advisers within the next two years.
Farrow says her aim is not to be the biggest advisor business network in New Zealand, but to focus on building a community that has a “passion for excelling in helping SMEs, agribusinesses, and families to have robust plans to manage their human capital risks”.
“Our members are a community of like-minded people who collaborate and share ideas to be more successful and deliver better outcomes to clients,” she says.
Members of FAP Services have access to the Tripljump platform, a cloud-based system for providing advice and customer services.
See our story: Specialist FAP Model Launched