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  • June 20, 2018
  • by Web Revolution

“New Zealand’s most chosen dealer group by professional financial advisors”

It is a vision that we are proud to strive towards. But what does it all mean?

To us, that means Newpark will be a dealer group full of experienced, educated, ethical advisors who want to network, information share and problem solve, as well as being a voice in the sector.

So, in order to achieve our grand vision, Newpark will be making some changes for the better. And we would love to tell you about them. Together, let’s explore what Newpark will look like in 2021, the unique value that Advisors will get from the Newpark network, and the opportunities we will be offering.

Here we go…

What Will Newpark Look Like in 2021?

At this stage, we are waiting for legislation to pass, so we don’t yet know the full set of rules. But, our intention is for Newpark to become a licenced Financial Advice Provider. That will leave our members with some great options…

To become licenced with Newpark (let us take the regulatory burden for you)

To independently obtain your licence (let us help you achieve regulation compliance)

Our aim is to build the best community of qualified advisors, so we want to provide support for everyone that is keen to network and provide value. Even if advisors do not choose to licence with us, there will still be plenty of opportunities – our state of the art CRM, compliance oversight, as well as ongoing education, training, mentoring and the Newpark culture.

As we just mentioned, our model may change once the legislation is released. But this is our plan as it stands now. We want to move significantly along the path towards our vision and remain fully compliant with new regulations, whilst retaining the family based camaraderie that underpins Newpark’s culture today.

What Is The Value Proposition We Offer Our Advisors?

Our goal is to provide a community so valuable that advisors will be knocking on our door, wanting to join us. Newpark will be a dealer group full of experienced, educated, ethical advisors who want to network, information share and problem solve, as well as being a voice in the sector.

Not only will we have transactional offerings like a CRM and study groups, but we want to lift our standards. We want Newpark to feel like an exclusive club with invaluable member benefits.

Underpinning all of this is the ethical piece – that all members of Newpark will provide clients with the right advice that meets their needs and budget, regardless of which branding is on on the proposition document.

What Other Opportunities Will Be Available?

We envisage that Newpark will continually evolve to meet the high standards the industry demands, and that we demand of ourselves.

We like to think there is an opportunity to expand our offerings. Our board are currently looking at the potential opportunities available both in the industry and in our own business model. Once we understand the full ramifications of the new legislation, we can see which of these opportunities are valid and which we should avoid.

What we can say with confidence is that there are exciting times coming at Newpark and we would love for you to take the journey with us.

We are committed to the vision and the value that we can offer advisors. So, we would be delighted to discuss with anyone that wants to speak about it. Don’t hesitate to get in touch with Dean on 021 403 228 if you want to discuss what the future of Newpark looks like.

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