Count buys more of DKN



Accountancy-based dealer group Count Financial has lifted its stake in competitor dealer group DKN Financial.
Count has informed the Australian Securities Exchange (ASX) that it has lifted its stake from the original 5 per cent purchased more than two weeks ago to 7.1 per cent.
The purchase of the further shareholding came after DKN reported a solid result for the six months to the end of December, increasing its profit by 25 per cent over the previous corresponding period.
Recommended for you
ASIC has banned a Melbourne-based financial adviser for eight years over false and misleading statements regarding clients’ superannuation investments.
CFS has formed a strategic partnership with the University of Sydney to support the responsible development of AI solutions in the wealth management sector.
Increasing traction among high-net-worth advisers and a stabilisation in adviser exits have helped Praemium report quarterly net inflows of $667 million in the third quarter of 2025.
ETF provider VanEck has announced its intention to launch a uranium and energy solution as global political agendas point to expansion in this sector.