News

Advisers acting as emotional anchors during market volatility

In the same way psychologists offer guidance amid volatile periods, financial advisers also provide emotional counsel to clients during market swings, says Escala Partner...

Financial planning

National advice firm revamps training program

Initially developed more than two decades ago, Fitzpatricks Advice Partners has “revamped and relaunched” its flagship development program....

Financial planning

Advisers seek bonds and alts amid equity bearishness

Over 20 per cent of advisers plan to increase their allocations to private equity and credit in the next six months as they grow bearish on US and Australian equities. ...

Funds management

HNW investors among private equity’s ‘biggest cheerleaders’

High-net-worth investors and family offices are sustaining the rising demand for private equity investments, Schroders has unpacked, offering less volatility and the pote...

Financial planning

Big 4 bank bids farewell to financial advice industry

Commonwealth Bank has formally dropped to zero advisers following LGT Crestone’s acquisition of its advice arm – some six years on from the Hayne royal commission. ...

Editorial

Relative Return Insider: Weak GDP, rate cut expectations, and global tensions

In this week’s episode of Relative Return Insider, AMP chief economist Shane Oliver joins the show to unpack Australia’s underwhelming March quarter GDP figures and what ...

Financial planning

Wealth management players confirm senior hires

National licensee Capstone Financial Planning has welcomed an executive manager for growth and development, while wealth manager Cameron Harrison has brought a new chair ...

Financial planning

Selfwealth acquirer raises $123m to accelerate Aussie expansion

With the Selfwealth acquisition under its belt, APAC investment platform Syfe has shared how it is investing in a hybrid financial advice model to target mass affluent Au...

Financial planning

‘Progression not perfection’ as incomplete plans impact practice profits

Advice practices with up-to-date business plans are twice as likely to achieve high profitability, according to Adviser Ratings, but getting stuck in development mode can...

Funds management

Former Perpetual fundie lands at Australian Ethical

The $13 billion ethical investment manager has named its new head of equities, who previously spent 12 years at Perpetual....

Funds management

Magellan achieves consistent AUM growth

Magellan Financial Group has reported a consecutive monthly AUM increase for only the second time in the FY24–25 financial year. ...

Financial planning

Wealth managers face imminent ‘flight risk’ of next-gen clients and advisers

Wealth management is facing a “fundamental transformation” as 81 per cent of next-gen inheritors have said they will likely switch away from their parents’ wealth manager...