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Magellan names interim CFO amid search process

Magellan/Magellan-Financial-Group/hires/appointments/CFO/

As Magellan Financial Group continues its search for a permanent chief financial officer, it has looked internally for an interim replacement.

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AFCA enacts 93% rise in member expulsions

AFCA/Dixon-Advisory/Dixon/

The number of members expelled from the Australian Financial Complaints Authority almost doubled between 2023 and 2024, according to internal data.

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Perth advice firm merges with global insurer

M&A/financial-advice/wealth-management/Perth/Western-Australia/

Perth financial advice firm Wealth Management Partners has merged with global financial services firm Gallagher.

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Sequoia refreshes finance media brands

Sequoia/Sequoia-financial-group/rebrand/

Sequoia Financial Group has flagged a major rebranding of its two financial news sites, following court proceedings last year.

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AMP fills chief marketing officer role

amp/Marketing/appointment/

Following the departure of its chief marketing officer last year, AMP has appointed a successor to take up the position with the appointment coming from the US.

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DomaCom appoints AI expert as chair

domacom/platform/hires/chair/

Managed investment platform DomaCom has appointed an experienced artificial intelligence leader as its new chair, joining from the same firm as its newly appointed chief executive.

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How HMC Capital is progressing its private credit division

private-credit/funds-management/M&A/Alternatives/

Six months on from HMC Capital’s acquisition of Payton Capital, Money Management takes a look at what the firm has achieved following the deal.

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Insignia receives upgraded bid from Bain Capital

insignia/insignia-financial/M&A/

Original bidder Bain Capital, which saw its first offer rejected in December, has returned with a revised bid for Insignia Financial.

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The licensees set to be winners and losers of CY24

Wealth-Data/Colin-Williams/adviser-numbers/

Preliminary results from Wealth Data for the 2024 calendar year have unveiled which licensees reported the highest growth and losses in adviser numbers.

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Alts managers paying lip service to retail market

Ernst-&-Young/Alternatives/retail-investors/

Alternative asset managers may view the retail and intermediary market as a “frontier for growth”, but figures from EY show 40 per cent say they plan to invest “nothing” to target this demographic.

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