Big names come together
Two of the biggest names in financial services research have come together under the one roof.
Wholesale market research house Rainmaker has merged with Tom Collins Research to service both the retail and wholesale markets.
Tom Collins Research's data on dealer groups, discretionary master trusts and financial services technology will be integrated with Rainmaker research data
Rainmaker managing director Chris Page says the merger is an integral part of Rainmaker's push into the retail market. Rainmaker last month launched its latest offering into the market, Rainmaker Workstation, which combines the former Rainmaker Investment Analytics and Super CMS services.
The merger is the latest in a number of corporate plays at Rainmaker, which started when founder Chris Page and James Burkitt sold the group to Thomson Financial three years ago.
Thomson decided to sell the business late last year following a strategic change instigated by the $US1 billion acquisition of Primark. Page then won the bidding for the group from fellow founder James Burkitt and the Investorinfo Group.
Recommended for you
With Fortnum Private Wealth and Professional Financial Services now unified under the Entireti umbrella company, CEO Neil Younger has detailed to Money Management the firm’s new direction and future expansion.
The FAAA has suggested looking offshore for overseas financial advisers to ease the adviser shortage, but are employers willing to take on the burden of workplace visas?
There may be a huge influx of alternatives coming to the market, but timing and access difficulties mean advisers can easily end up disappointed with their selection, according to Morningstar global CIO Dan Kemp.
An NSW individual has pleaded guilty to one criminal charge of providing unlicensed financial services after promoting crypto investments at national seminars.