Maple-Brown Abbott has finalised an agreement to be acquired by a rival fund manager to create a firm with $18.6 billion in assets under management, just two months after its former CEO exited to lead Magellan.
Perpetual has seen another difficult quarter for its asset management division, reporting its largest quarterly outflows for FY24.
The FAAA’s Phil Anderson has written an open letter calling for a public inquiry to uncover why the case of Dixon Advisory has been so closely guarded given the high volume of losses and effect on the financial advice sector.
Sequoia Financial Group has confirmed chief executive Garry Crole will remain at the firm until June 2026 but will work on a succession plan for his replacement.
Proactive compliance risk management has become both a “regulatory necessity” and a “cornerstone of ethical excellence” for financial advice licensees, this compliance professional argues.
Four individuals face a $1 million fine after being charged with alleged market manipulation regarding a “pump and dump” scheme.
Generation Development Group has shared the outcome of its EGM regarding its plans to fully acquire Lonsec through remaining shares.
The investment platform has released a suite of improvements for its users, designed to enhance adviser efficiency and optimise client engagement.
Wealth Data founder Colin Williams believes legislative changes mean there is ‘no excuse’ for further financial adviser declines as the number of new entrants struggle to make up the shortfall.
BT’s latest research has identified the top 10 most important attributes for financial advisers when selecting a platform provider.
