Join our licensee
With more than 450 advice businesses in our network, we’ve got the expertise, experience and resources to help you.
That’s why the MLC Advice Network has been rated as the leading advice network by mystery shoppers for four years in a row.
Why choose our licensee network?
1. Your business, your clients, your choice
Each advice business has distinct objectives, and we promote choice and flexibility to help your business succeed.
You choose the services and products you offer and you set your own targets and you own your clients.
Choice of brand
- Your brand
- Dual brand
- Licensee brand
Extensive approved list
- Award winning platforms
- 11 insurance providers
- Over 200 investment options
- Dedicated research and technical team
Choice of licensee
Choose from one of our leading licensees or continue to operate under your own licensee (AFSL).
2. Benefit from Industry change
With our industry facing major reform, we have the experience to support your business. MLC has led the way introducing fee for service and we can help you make the change.
3. Be part of Australia’s leading network
For the third year in a row, independent research has found financial advisers working with MLC licensees (including Godfrey Pembroke, Garvan, Apogee and MLC FP) earn more on average than advisers in other major non-salaried dealer groups.1
The findings were part of Comparator’s annual benchmarking study into advisers in Australia’s leading licensees and the revenue they earn.
It takes into account all volume rebates, fees and dealer splits paid. MLC licensees support a fee for advice model and provide licensee services on a flat-fee basis, with no dealer splits or volume rebates.
The findings show that fees for advice on investments are good for the adviser and the investor.
Did you know?
Over the past three years, MLC licensee advisers have earned more on average and paid less in fees than any other major non-salaried licensee advisers.
1 Comparator® Annual Benchmarking Study for Financial Planning Business 2010.