Merry Xmas from Money Management
Today’s Money Management E-newsletter is the last for 2008.
The management and staff of Money Management wish all our subscribers a Merry Christmas and a safe and prosperous 2009.
The Money Management E-newsletter will resume publication on Monday, January 12, 2009.
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Intelliflo has been acquired by global investment firm Carlyle for $200 million, stating it wants to accelerate the software firm’s growth in Australia.
Centrepoint Alliance, the third-largest advice licensee, has reported 40 per cent growth in its managed accounts business, but profits fell by a third.
Prosperity Advisers Group, a mid-tier advisory firm, has surpassed $1 billion in funds under management, hitting this milestone following a “sustained period of growth for the firm”.
Forbes Fava Financial Planning has acquired Melbourne-based firm Financial Planit, taking “another key step” towards its long-term strategic growth plans for the region.