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Implemented Portfolios News

Red tape hinders US-style growth

The United States independent advice market is flourishing, but regulatory burdens may stop Australian IFAs from finding similar success, an adviser study tour has found.

Having undertaken a recent tour of east coast American financial planning firms, facilitated by State Street, Implemented Portfolios managing director Santi Burridge found noticeable growth in the US registered independent adviser (RIA) market.