The Association of Independently Owned Financial Professionals (AIOFP) was established in 1998 to differentiate the independently owned practices from the institutionally owned practices in the market place. Institutions owned around 60% of the advice market in 1998, this figure is now approaching an alarming 80%. The investing public, regulators and government need a robust healthy financial services market and the independently owned sector is an important element to give consumers choice and maintain balance. To be an AIOFP member, practices must not have any ownership from a financial institution and operate their own Australian Financial Services License under strict regulation by the Australian Securities and Investment Commission (ASIC). These two elements allow the AIOFP member adviser to make their own decisions on a client’s portfolio direction and content without the conflicting influence of institutional ownership.
View Top Employees from Association of Independently Owned Financial Professionals (AIOFP)Website | http://aiofp.net.au |
Revenue | $7.1 million |
Employees | 12 (2 on RocketReach) |
Founded | 1998 |
Address | 12/11, 1 Queens Road, Melbourne, Victoria 3000, AU |
Phone | +61 1800 111 203 |
Technologies |
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Industry | Financial Services, Banking, Finance |
Competitors | DK Financial Services Pty Ltd, Majella Wealth, Private Wealth Planning, Profectus Financial Partners Pty Ltd |
SIC | SIC Code 60 Companies, SIC Code 602 Companies |
NAICS | NAICS Code 522110 Companies, NAICS Code 52211 Companies, NAICS Code 522 Companies, NAICS Code 5221 Companies, NAICS Code 52 Companies |
Looking for a particular Association of Independently Owned Financial Professionals (AIOFP) employee's phone or email?
The Association of Independently Owned Financial Professionals (AIOFP) annual revenue was $7.1 million in 2024.
Garry Crole is the Non Executive Director of Association of Independently Owned Financial Professionals (AIOFP).
2 people are employed at Association of Independently Owned Financial Professionals (AIOFP).
Association of Independently Owned Financial Professionals (AIOFP) is based in Melbourne, Victoria.
The NAICS codes for Association of Independently Owned Financial Professionals (AIOFP) are [522110, 52211, 522, 5221, 52].
The SIC codes for Association of Independently Owned Financial Professionals (AIOFP) are [60, 602].