De Vere launches new offering
European-based independent financial advice firm, deVere Group, has announced a new initiative - the introduction of a so-called Investment Strategy Division.
The company which has announced its intention to grow a multi-state presence in Australia, said that it had appointed former JP Morgan Asset Management executive director, Tom Elliott to head up the new initiative.
Elliott has been deVere’s international investment strategist since 2013.
One of the world’s largest independent financial advisory organisations, which recently announced it DeVere’s founder and chief executive, Nigel Green said the Investment Strategy was a free service aimed at helping investors better understand the economic, political and social factors that drive capital markets, and which in turn influence returns on portfolios.
“We’re confident that deVere Investment Strategy will be a powerful tool in helping our clients make informed investment decisions,” he said.
Recommended for you
It can be extremely hard to realise the gains from financial advice M&A, according to Peloton Partners’ Rob Jones, and more could be gained from firms looking inward at their own practice.
With platforms reporting their quarterly results, there is a clear divide in the adviser markets they are targeting, according to platform specialist Recep Peker, and which would be right for your clients.
The Federal Court has imposed a $10 million penalty on Macquarie Bank for failing to prevent and control unauthorised fee transactions by third parties including financial advisers.
A financial advice firm has seen a weekly decline of 10 advisers, with all moving to a new licensee, while Centrepoint Alliance continues its “growth story”.
