Evidentia completes exec team with operating officer

hire/Lonsec-Research/chief-operating-officer/

Evidentia Group has announced the appointment of a chief risk and operating officer, rounding out its executive leadership team after a slew of hires last month.

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Global X appoints AI lead in latest round of hires

global-x/appointments/hires/

ETF provider Global X has appointed five new roles across the business, including a head of technology, as it seeks to scale the business and expand its reach in the Australian market.

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Relative Return Insider: Economic reform wish lists and barriers

Podcast/Relative-Return/

In this week’s episode of Relative Return Insider, AMP chief economist Shane Oliver joins the show to dissect th

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Insignia returns to profit in FY25

insignia-financial/insignia/advice/financial-results/

Insignia Financial has returned to profit in FY25, after a $185 million loss in the previous year, while its advice division grew their revenue per adviser by 14 per cent.

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The red flags of a poor advice AFSL

AFSL/licensee/compliance/enforcement/

With licensee switching on the rise, particularly for newer advisers, compliance expert Sean Graham has shared red flags to watch out for when making the jump between AFSLs.

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Magellan looks to strategic expansions as Vinva adds $1.7bn

Magellan/M&A/Sophia-Rahmani/

Magellan Financial Group is keen to enact further strategic expansions with income from strategic partnerships tripling to $31.1 million from the addition of Vinva during FY25.

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MLC Expand snags HUB24 product head

appointment/insignia-financial/platform/HUB24/

Insignia Financial’s wrap platform has appointed Heidi Press, former HUB24 head of product management, to spearhead the design and delivery of the MLC Expand platform.

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Managed account usage sees advisers expand client capacity

praemium/platforms/managed-accounts/

Beyond their investment benefits, over a third of advisers say utilising managed accounts solutions has allowed them to take on more clients, according to Praemium.

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Elanor property fund takeover heats up as talks stall

commercial-property/listed-property/M&A/family-offices/

Family office Lederer Group has progressed its takeover bid for the Elanor Commercial Property Fund, lodging a bidder’s statement with ASIC as it says the fund has been “unable to agree” on negotiation terms.

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NSW advice firm merges to ‘cement’ regional position

merger/advisory-firms/M&A/

Altus Financial, based on NSW's Central Coast, has announced a merger with advisory firm Fortunity to strengthen its presence in the region and expand its service offerings.

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