Its not like Shaw is beholden to them, they just got the ipo...

Its not like Shaw is beholden to them, they just got the ipo business. mGP now has two outsourced software platforms which they are presumably consolidating to one to get synergy benefits, and they also have a number of planner and broker platform clients, because Linear was pretty big, albeit presumably poor margin, and I strongly suspect, have some inefficient processes because they brought an accountant’s thinking to their business model. They have immediately identified some savings, but I suspect there are even more if they take a closer look. It may even pay to shed some of the extremely cheap (flat fee) static passive portfolios that are cluttering up the system.

Not for the first time in my life am I about the only person bullish on a stock. It just seems to have too much potential to improve its profits with this merger.