Advice firm cops weekly double-digit loss

A financial advice firm has seen a weekly decline of 10 advisers, with all moving to a new licensee, while Centrepoint Alliance continues its “growth story”.

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Sequoia chair steps down

Sequoia Financial Group has seen a top-level reshuffle as the chair of the board, John Larsen, steps down after five years in the position.

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Dixon’s $16m class action settlement approved by Federal Court

The Federal Court has approved the $16 million class action settlement regarding Dixon Advisory and Superannuation Services.

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The post-SOA future: How are advisers adapting?

As statements of advice move into the rear-view mirror, Vital Business Partners explores how financial advisers are adopting innovative documentation strategies.

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Relative Return: Building the foundations of a new asset manager

In this episode of Relative Return, host Laura Dew speaks with Blackwattle Investment Partners managing director and chief investment officer, Michael Skinner, about setting up an asset manager and what he looks for in an investment team.

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Australian Ethical FUM passes $10bn

Australian Ethical has seen its funds under management reach $10 billion, driven by organic customer growth and superannuation contributions.

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Key adviser exits continue to dent Praemium’s performance

Praemium’s Powerwrap platform experienced net outflows of $53 million as advisers continued to transition, bringing total gross outflows from these transitioning advisers to over $700 million.

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AMP North sees $544m quarterly adviser inflows

The wealth management company reported $544 million of inflows from financial advisers in the first quarter of 2024.

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The financial benefits of a specialised client base

Adviser Ratings has explored whether there is a financial benefit to advice firms seeking to have a specialised client base in terms of client assets and fees charged.

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Platinum CEO shares first turnaround progress update

Platinum Asset Management chief executive, Jeff Peters, has shared a progress update on its newly announced turnaround strategy.

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JOHN GILLIES

Might be a bit different to i the past where at most there was one man from the industry on the loaded enquiry boards a...

1 day 4 hours ago
Simon

Who get's the $10M? Where does the money go?? Might it end up in the CSLR to financially assist duped investors??? ...

5 days 23 hours ago
Squeaky'21

My view is that after 2026 there will be quite a bit less than 10,000 'advisers' (investment advisers) and less than 100...

1 week 6 days ago

AustralianSuper and Australian Retirement Trust have posted the financial results for the 2022–23 financial year for their combined 5.3 million members....

9 months 2 weeks ago

A $34 billion fund has come out on top with a 13.3 per cent return in the last 12 months, beating out mega funds like Australian Retirement Trust and Aware Super. ...

9 months 1 week ago

The verdict in the class action case against AMP Financial Planning has been delivered in the Federal Court by Justice Moshinsky....

9 months 2 weeks ago