Marinchek quits Mariner Financial
Scott Marinchek, founder of Mariner’s Third-Age Retirement Living division, has left Mariner Financial to launch a series of investment funds delivering seniors housing and care.
Marinchek has acquired the intellectual property and development pipeline for the division from Mariner Financial through his business, ethicalCapital.
“A different way of thinking is required to provide sustainable global living solutions for our ageing populations,” he said.
“Required flows of financial and human capital must be carefully managed to ensure alignment of interests between residents, operators and investors.”
Recommended for you
ASIC has banned a Melbourne-based financial adviser who gave inappropriate advice to his clients including false and misleading Statements of Advice.
The number of active advisers on the HUB24 platform has risen to more than 5,200, helping it see quarterly inflows of $5.2 billion.
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.