Yellow Brick Road Group is owned by Chairman Mark Bouris, Chief Executive Officer Bryan Davies and staff. No institution or financial product manufacturer has any ownership in the company, allowing us to focus on you and your needs.
According to Money Management, a financial planning industry journal, only three of the largest 25 financial planning dealer groups in Australia are not owned by another financial institution.
It is estimated that the top 25 dealer groups have $321 billion in funds under advice, but only $36.5 billion (11%) is advised by a non-aligned dealer group.
A recent study by Rainmaker Information found that 85 per cent of money in major managed funds platforms went to investment options related to the platform's owners, clearly illustrating the conflict of interest issues facing the industry.
Yellow Brick Road will clearly disclose all fees and costs. There are no hidden costs or associations that would bias our advice. Wherever practical, we will charge on a fee-for-service basis.
Our financial advisers will be paid under a salary and bonus structure, or as a proportion of brokerage earned. Bonuses will be based on business criteria and not directly linked to revenues from clients.
For other Yellow Brick Road services, costs are generally a flat service fee or based on a stated hourly charge-out rate.
Copyright © 2010 Yellow Brick Road
