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
As larger Australian Financial Services licensees continue to expand their reach in an increasingly expensive industry to operate, how do smaller firms ensure they stay relevant and efficient?
HUB24 has added almost 600 advisers in the 2025 financial year as the platform capitalises on opportunities presented in wealth management.
Wealth Architects has acquired a Cairns-based advice practice as it seeks to expand its national advice presence.
While the overall gender wage gap has decreased slightly, the Financy Women’s Index reveals the gap has widened for employees in the financial and insurance services sector.
