Capstone FP not associated with Capstone Capital
Capstone Financial Planning has sought to clarify that it is not affiliated with Capstone Capital following the cancellation of Capstone Capital’s Australian financial services licence (AFSL).
In an announcement, Capstone Financial Planning said: “We wish to advice that Capstone Financial Planning Pty Ltd is in no way affiliated with Capstone Capital Pty Ltd and is a completely separate and unrelated company”.
Last week, the Australian Securities and Investments Commission (ASIC) moved against Capstone Capital after it failed to lodge annual financial statements and auditor’s reports, and failed to maintain membership with an external dispute resolution scheme approved by ASIC.
Recommended for you
The Federal Court has made interim travel restraint orders against two Falcon Capital directors, while also freezing one director’s assets.
For the 2025 financial year, all but one listed advice licensee has reported double-digit share price growth – but which licensee has seen the best performance and what activities have they enacted during the period?
Evidentia Group has confirmed its new executive leadership structure, having been formed from the merger between Evidentia and Lonsec Investment Solutions, to shape the future of managed accounts.
CC Capital, the last remaining player in the bid to acquire Insignia Financial, is still yet to finalise its offer, the firm has informed the market.
