The lone rangers: Are solo advice practices becoming the norm?

AFSL/Adviser-Ratings/financial-advice/financial-advisers/

Single adviser-led firms continue to expand their footprint in the Australian advice ecosystem, Adviser Ratings research shows, as market conditions prove favourable for boutique practices.

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Meeting investor needs in an age of economic uncertainty

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Count upgrades cost synergies from Diverger deal by $1m

Countplus/Diverger/Hugh-Humphrey/M&A/licensees/

Having completed the successful integration of Diverger, Count has upgraded its forecast for expected synergy benefits achieved by the acquisition by a third.

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Asset managers examine product ranges in cost-cutting bid

Northern-Trust/northern-trust-asset-management/equities/ESG/Alternatives/fund-managers/

Almost 70 per cent of asset managers are planning to control costs via product rationalisation, according to a global survey by Northern Trust, as they seek to offer clients a best-in-class experience.

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Janus Henderson responds to client demand with 2 acquisitions

Janus-Henderson/ETF/emerging-markets/M&A/acquisition/

Asset manager Janus Henderson has made two acquisitions in the ETFs and emerging markets space as it takes strategic steps to meet client needs.

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The need for collaboration to avoid greenwashing

ESG/T.-Rowe-Price/S&P/responsible-investment/RIAA/

Fund managers should work collaboratively with data providers to minimise greenwashing risks in their products as a positive ESG score can be a “game changer” for a fund’s demand with advisers.

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HNW alternative demand spells advice opportunity

Alternatives/praemium/high-net-worth/asset-allocation/portfolio-construction/

With HNW investors representing the largest market for alternative assets, Praemium and CoreData research underscores why this presents a compelling opportunity for advisers.

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Double-digit adviser losses reported at AMP

Wealth-Data/amp/amp-financial-planning/adviser-numbers/new-entrants/

Australia’s largest licensee has seen the biggest number of adviser losses over the past week, while the expected wave of new entrants has boosted overall adviser numbers.

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Does self-reporting to ASIC reduce enforcement possibility?

ASIC/RIAA/Joe-Longo/greenwashing/sustainable-funds/ESG/

Self-reporting issues to ASIC could lead to a reduced charge for a fund manager but it may not exempt them from enforcement action altogether, according to ASIC chair Joe Longo.

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