Kiwi Adviser Network reaches 100 adviser mark

KAN has attracted more than 50 adviser businesses across the country, comprising more than 100 individual advisers.

The group, created by Chuck Slogrove, the founder of CRM provider Trail, believes it will attract more brokers who want control over their regulatory licence. 

Slogrove told TMM Online: "At KAN we have found that financial advice businesses are usually better off operating under their own FAP licences, as this reflects their operating model well and is easy for their clients to understand. About 80% of our member businesses are set up as licensed FAPs."

The group also allows advisers to work under the KAN FAP, "either permanently or short-term, while we help them through the process of applying for their own full FAP licence. This flexibility ensures they end up licensed in a manner that’s right for their business."