Centuria appoints advice COO to distribution role

Centuria/fund-management/real-estate/Sentry/WT-Financial-Group/distribution/

Real estate fund manager Centuria Capital has made two distribution appointments, including the former chief operating officer of a national advice firm.

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Stretched environment limiting ability for BDM/PDMs to add value

business-development-manager/BDM/financial-advisers/licensees/

Business and practice development managers believe they are stretched too thin in working with high volumes of financial advisers and are dissatisfied with their roles and ability to deliver value.

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Vanguard CEO Tim Buckley announces retirement

vanguard/passive-investing/ETFs/ceo/

Vanguard has announced its international chief executive, Tim Buckley, will retire by year-end while chief investment officer Greg Davis has been promoted to president.

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Fidelity appoints president as Richards steps back

fidelity/ceo/

Global investment manager Fidelity International has appointed a new president to take over from Anne Richards, who will move into a vice chair role.

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Blackwattle looks to Antipodes for global equity launch

antipodes/global-equities/fund-launch/

Blackwattle has appointed former Antipodes founding partner and portfolio manager, Sunny Bangia, and three former colleagues to launch its first global equity fund.

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Qld advice firm launches two managed accounts

queensland/managed-accounts/BT/BT-Panorama/platforms/

Queensland-based advice firm Provident Advisory has launched a range of managed accounts on BT Panorama as it seeks to achieve greater efficiencies.

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Count-Diverger merger completes to create $30bn firm

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

The merger between Count and Diverger, first announced in September, has completed to create Australia’s second-largest licensee with $30 billion in funds under advice.

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Centrepoint Alliance updates on fees for no service remediation

remediation/fees/centrepoint-alliance/licensees/fees-for-no-service/

Centrepoint Alliance has shared details on the progress of fees for no service remediation, having conducted an assessment of its employed and self-employed advisers.

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Investment consultant rebrands as ratings service launches

morningstar/ratings/

Insight Investment Consultants has rebranded as it launches a new research ratings service, led by a former Morningstar director with feedback from financial advisers and licensees.

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Will Platinum’s turnaround plans work?

Platinum-Asset-Management/Kerr-Neilson/Andrew-Clifford/

A benchmark unaware investment process and disruption in the adviser and platform market are among headwinds for Platinum as the 30-year-old firm announces a two-part turnaround strategy.

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