Sydney-based wealth manager Sarto Advisory has launched its own online investing solution with OpenInvest to help younger investors.
GCM Grosvenor has opened an office in Sydney and appointed Andy Lukas as managing director of its Australia and New Zealand operations.
AMP has updated shareholders on its portfolio simplification program, stating negative short-term profit impacts from strategic decisions around banks and platforms will benefit the long-term business.
Andrew Russell, who spent three years as chief executive of Class, has been appointed interim chair of Bravura Solutions as Neil Broekhuizen departs after 14 years.
With at least five financial adviser bans, including an adviser who falsified his exam result, the Austr
The FPA’s Future2 Foundation will now include participants from the Association of Financial Advisers and the SMSF Association as board director Sarah Abood steps down.
There has been a net gain of 15 advisers joining the industry this week, including nine new entrants following their exam pass.
Stock exchange Cboe has completed its technology migration, increasing its capacity to launch products and increase its market competition in Australia.
Despite market volatility, some 42 products were launched in the last 12 months, and the ETP industry could reach a record $200 billion in the next three years, according to Global X.
With Australians warming up to the idea of advice since the QOA Review, firms are already seeing ‘overwhelming’ client volumes and need to be prepared to meet that demand.
