Schroders has appointed two senior leaders to its board, having appointed a new global CEO earlier this month.
An acquisition of two advice practices by a national advice group has led to a shift in financial adviser numbers, with one losing 33 advisers as a result.
Former RBA governor Philip Lowe has been appointed to the board of Barrenjoey as an independent non-executive director, six months after his first post-RBA move.
The vast majority of financial advice firms which are fully embracing and adopting new technologies are reporting an annual revenue north of $1 million, Netwealth reveals.
Contract Paraplanning Services, previously led by director Hayley Knight, has been acquired by two new owners looking to drive further growth in the business.
Platform HUB24 has taken a minority stake in an alternative investment company to design and offer a range of alternative products to financial advisers.
The board of Platinum Asset Management has reached a “unanimous conclusion” regarding a proposal from Regal Partners to acquire the company.
With the Delivering Better Financial Outcomes legislation on the horizon next year, licensees need to decide whether they are going to take a hands-off approach or use it as an opportunity to pivot their business.
A victim of NextGen Financial Group has received a payment from the CSLR after the company’s liquidation, but the total falls short of their $270,000 unpaid AFCA determination.
