Snapshot of the way they were
Table: Snapshot of the way they were:
KPMG Financial Services: Believed to be the largest player with $520 million of funds under advice, 16 advisers and about 1,000 clients.
Table: Snapshot of the way they were:
KPMG Financial Services: Believed to be the largest player with $520 million of funds under advice, 16 advisers and about 1,000 clients.
Deloitte Financial Services: Believed to be the second biggest with about $500 million under advice, 12 advisers and about 500 clients.
PricewaterhouseCoopers: Declined to disclose numbers but says it services the top end of the market and is growing rapidly.
Arthur Andersen: Declined to provide comparative statistics because, it says, it structures its offerings in a somewhat differently to the other Big Five compa-nies.
Ernst & Young: exited financial planning when it sold its stake in Sealcorp.
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HLB Mann Judd Perth has announced its acquisition of a WA business advisory firm, growing its presence in the region, along with 10 appointments across the firm’s national network.
Unregistered managed investment scheme operator Chris Marco has been sentenced after being found guilty of 43 fraud charges, receiving the highest sentence imposed by an Australian court regarding an ASIC criminal investigation.
ASIC has cancelled the AFSL of Sydney-based Arrumar Private after it failed to comply with the conditions of its licence.
