Thinking of changing licensee? Here's what you need to know.

At IIP, we take a pragmatic, adviser-first approach. We want to support you in delivering quality advice that’s also compliant—but without layers of bureaucracy or unrealistic expectations.

Our compliance philosophy is simple: meet your legal obligations, protect your clients’ interests, and do it in a way that’s practical and scalable.s.

We operate on a flat-fee model, starting from $25,000 per adviser, per annum.

Additional costs are passed through at cost to you, including:

• PI Insurance

• Kaplan Ontrack (CPD tracking)

• ASIC Levy and CSLR Levy

• iComply2 (for AI compliance tools, revenue management, document management & workflows)

You can view the full breakdown on our pricing page

No, there is no such thing as a “foundation SOA.” Advice should always be given in the client’s best interest—not to satisfy arbitrary licensee rules.

However, whether you can rely on an ROA or must issue a new SOA will depend on who the 'providing entity' was under your current licensee. If you were the authorised representative and the providing entity, you can generally continue with an ROA—assuming you hold a copy of the original SOA on file.

More info is available via ASIC’s FAQ on ROAs.

All Statements of Advice are pre-vetted before being presented to clients.

While this might seem conservative, we see it as a value-add service—not only helping you stay compliant, but also improving the clarity and quality of advice provided to clients.

SOAs are vetted using our AI powered Statement of Advice Review Agent, SARA.

We don’t issue financial products, nor do we have preferred platforms.

Our APL is broad and flexible. We allow advisers to use solutions that genuinely suit their clients, with a few quality guardrails:

Most of our advisers use a mix of retail wraps, industry funds, and mainstream insurers.

You can choose your primary advice software. We support advisers using:

• Xplan is our primary advice CRM. However, if you use another CRM (e.g. AdviserLogic, Dash, Worksorted), that’s no problem—we’re flexible.

• iComply2, which manages:

  • Compliance

  • Revenue

  • Workflows

  • SOA vetting (via SARA AI)

  • It also has a built in CRM and online fact find tool.

• We do not charge onboarding fees

• If you’re migrating data from your current Xplan site, Iress will quote a data migration fee

• Your current licensee may charge an exit fee—please check with them directly

We assist with all admin and tech to ensure a smooth, low-friction transition.

Here’s what we hear most often:

"IIP is easy to work with. They’ve put in place the tools and systems that help me stay compliant and focused on client outcomes."

"They’re a licensee that gets it—compliance without the corporate nonsense."