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
Funds under administration on the BT Panorama platform have passed $120 billion in the last six months as it progresses its migration of Asgard into the platform.
Private markets may be the hot topic of the day but two financial advisers have shared the red flags to consider and why advisers shouldn’t be tempted to invest solely in the pursuit of higher returns.
The corporate regulator has officially launched its new digital portal for financial services businesses submitting AFSL applications, offering a more “efficient, modern and user-friendly” experience.
The advice community has reacted to the re-election of the Labor Party for a second term and called on the incoming Minister for Financial Services to take “decisive action” as Stephen Jones retires from politics.
