Yellow Brick Road confirms deal with Macquarie
Yellow Brick Road (YBR) has confirmed it has entered into an agreement with Macquarie Bank to develop branded banking and wealth management products and services.
The announcement came hours after YBR requested a trading halt from the Australian Securities Exchange (ASX), due to a pending announcement about the deal.
Both companies announced the deal on the ASX, which was marketed as YBR's "aggressive expansion into financial services".
The company is launching discounted mortgage products, with more wealth management and banking solutions to come in 2013.
Recommended for you
As advisers risk losing two-thirds of FUA during the $3.5 trillion wealth transfer, two co-founders underscore why fostering trust with the next generation is vital to retaining intergenerational wealth.
As advisers seek greater insights into FSCP determinations, what are the various options considered by the panel and can a decision be appealed?
Amid the current financial adviser shortage, advice firm Link Wealth is looking to expand its financial literacy program for high school students across the country.
TAL Risk Academy has updated its range of ethics courses to help financial advisers meet their CPD requirements following adviser feedback, including interpreting FSCP determinations.
