Funds management sits high on Prime Financial’s M&A radar

Prime-Financial/M&A/funds-management/simon-madder/

| By Jasmine Siljic |

Following its 1H24 results, Prime Financial CEO Simon Madder speaks with Money Management on the firm’s growth vision and how it hopes to complete more acquisitions in the funds management space.

Read more about:

Prime Financial

M&A

funds management

simon madder

AUTHOR

Jasmine Siljic

Jasmine Siljic is a journalist at Money Management. Prior to joining MM, she also worked across other Momentum Media brands as an intern and cadet journalist. She recently completed a Bachelor of Media and Communications at Macquarie University.

View articles by Jasmine

Jasmine 's social profiles:

E-mail Author

Abrdn CEO receives $1.5m bonus amid Australia restructure

abrdn/Brett-Jollie/fund-management/

| By Laura Dew |

Financial planning

The restructure of abrdn’s Australian operations has been cited as a measure by the asset manager which enabled it to cut $198 million from its investment business, leading to CEO Stephen Bird receiving a $1.5 million bonus.

Read more about:

abrdn

Brett Jollie

fund management

AUTHOR

Laura Dew

Laura Dew is editor at Money Management. Prior to joining MM, she spent five years working at Investment Week in the UK, covering asset and wealth management.

View articles by Laura

Laura 's social profiles:

How inappropriate advice led to NextGen’s liquidation

nextgen/licensees/SMSFs/

| By Laura Dew |

Financial planning

As NextGen sees its Australian financial services licence cancelled by ASIC, Money Management tracks how an AFCA complaint led to the firm falling into liquidation.

Read more about:

nextgen

licensees

SMSFs

AUTHOR

Laura Dew

Laura Dew is editor at Money Management. Prior to joining MM, she spent five years working at Investment Week in the UK, covering asset and wealth management.

View articles by Laura

Laura 's social profiles:

NextGen sees AFSL cancelled by ASIC

nextgen/ASIC/AFCA/administration/

| By Jasmine Siljic |

Financial planning

ASIC has cancelled the Australian financial services licence of NextGen Financial Group, following the Federal Court’s order in November for the firm to be wound up in insolvency.

Read more about:

AUTHOR

Jasmine Siljic

View articles by Jasmine

Jasmine 's social profiles:

E-mail Author

Where could the next licensee M&A come from?

centrepoint-alliance/insignia-financial/insignia/Countplus/Diverger/Sequoia/WT-Financial-Group/

| By Laura Dew |

Financial planning

Inorganic growth is the trend of the day for licensees as multiple chief executives indicate how they intend to grow their businesses in 2024.

Read more about:

AUTHOR

Laura Dew

Laura Dew is editor at Money Management. Prior to joining MM, she spent five years working at Investment Week in the UK, covering asset and wealth management.

View articles by Laura

Laura 's social profiles:

GBST unveils WealthConnect upgrades to better support advisers

GBST/technology/fintech/

| By Jasmine Siljic |

People & Products

GBST has announced multiple enhancements to its digital advice practice management system, WealthConnect, to create further efficiencies for financial advisers and their clients.

Read more about:

GBST

technology

fintech

AUTHOR

Jasmine Siljic

View articles by Jasmine

Jasmine 's social profiles:

E-mail Author

E&P looks beyond Dixon turmoil to expand client base

E&P-Financial-Group/Dixon-Advisory/dass/financial-results/

| By Laura Dew |

Financial planning

E&P Wealth’s focus is shifting to expand its client base as it completes the migration of clients into its retail wealth management division as well as provides an update on its class action.

Read more about:

AUTHOR

Laura Dew

Laura Dew is editor at Money Management. Prior to joining MM, she spent five years working at Investment Week in the UK, covering asset and wealth management.

View articles by Laura

Laura 's social profiles:

US family office launches advisory service in Australia

Giles-Wade/family-offices/financial-adviser/USA/

| By Jasmine Siljic |

Financial planning

Advisory firm Giles Wade has partnered with US-based Asena Family Office to help it launch an Australian arm offering advice and asset management services.

Read more about:

AUTHOR

Jasmine Siljic

View articles by Jasmine

Jasmine 's social profiles:

E-mail Author

Mentoring program seeks to improve financial services gender gap

yolanda-beattie/students/Gender-pay-gap/pay-gap/gender-diversity/

| By Laura Dew |

Funds management

Future IM/Pact has launched a mentoring and advocacy program to make it easier for investment teams to recruit future talent as financial services is found to have one of the widest gender gaps.

Read more about:

AUTHOR

Laura Dew

Laura Dew is editor at Money Management. Prior to joining MM, she spent five years working at Investment Week in the UK, covering asset and wealth management.

View articles by Laura

Laura 's social profiles:

Former FPA CEO appointed to lead CSLR

CSLR/Stephen-Jones/Dixon-Advisory/FPA/

| By Laura Dew |

Financial planning

Minister for Financial Services, Stephen Jones, has confirmed the start date for consumers to lodge claims with the Compensation Scheme of Last Resort as well as its first chair.

Read more about:

AUTHOR

Laura Dew

Laura Dew is editor at Money Management. Prior to joining MM, she spent five years working at Investment Week in the UK, covering asset and wealth management.

View articles by Laura

Laura 's social profiles:

Subscribe to

Never miss the latest news and developments in wealth management industry

SUBSCRIBE TO OUR NEWSLETTER

MARKET INSIGHTS

So we are now underwriting criminal scams?...

UGC to blame for 'eyewatering' CSLR cost increase

5 months ago

Glad to see the back of you Steve. You made financial more expensive, not more affordable as you claim, and presided ...

Stephen Jones to retire

5 months 1 week ago

Completely agree Peter. The definition of 'significant change is circumstances relevant to the scope of the advice' is s...

Adviser sees registration suspended over ROA usage

7 months 1 week ago

Funds management sits high on Prime Financial’s M&A radar

AUTHOR

Jasmine Siljic

Jasmine 's social profiles:

Abrdn CEO receives $1.5m bonus amid Australia restructure

AUTHOR

Laura Dew

Laura 's social profiles:

How inappropriate advice led to NextGen’s liquidation

AUTHOR

Laura Dew

Laura 's social profiles:

NextGen sees AFSL cancelled by ASIC

AUTHOR

Jasmine Siljic

Jasmine 's social profiles:

Where could the next licensee M&A come from?

AUTHOR

Laura Dew

Laura 's social profiles:

GBST unveils WealthConnect upgrades to better support advisers

AUTHOR

Jasmine Siljic

Jasmine 's social profiles:

E&P looks beyond Dixon turmoil to expand client base

AUTHOR

Laura Dew

Laura 's social profiles:

US family office launches advisory service in Australia

AUTHOR

Jasmine Siljic

Jasmine 's social profiles:

Mentoring program seeks to improve financial services gender gap

AUTHOR

Laura Dew

Laura 's social profiles:

Former FPA CEO appointed to lead CSLR

AUTHOR

Laura Dew

Laura 's social profiles:

Never miss the latest news and developments in wealth management industry

Tariffs Across Eras: Why 2025 Is Not 1930

Zagga Retains 4-Star ‘Superior’ Rating by SQM Research for Fifth Consecutive Year

A Smarter Way to Invest in Property: WINIM Launches Australian Ready-to-Ready First Fund

From Investment Banking to Boutique Fund Management: How Rixon Capital’s Founder is Redefining Private Credit

MARKET INSIGHTS

Podcast

OUR PLATFORMS AND BRANDS

EVENTS AND SUMMITS

PODCASTS

LEARNING AND EDUCATION

MOMENTUM MARKETS NETWORK

STAY CONNECTED

USEFUL LINKS

OUR PLATFORMS AND BRANDS

EVENTS AND SUMMITS

PODCASTS

LEARNING AND EDUCATION

MOMENTUM MARKETS NETWORK

LINKS

CATEGORIES

STAY CONNECTED