Majors, boutiques predict each other's demise.

Australasian Business Intelligence,  June, 2005  

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Jun 30, 2005 (Money Management - ABIX via COMTEX)

Independent dealer groups will experience difficulties in coping with the new financial regulatory regime. Barry Lambert, managing director of Count Financial Services, thinks that big compliance costs and high practice standards mean that a rationalisation among small licensees is imminent. Some of smaller operators will not survive. However, boutique firms make similar predictions about large dealer groups. Greg Kirk, managing director of AMP Financial Planning, takes a non-partisan position. He ...

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