WT Financial reports 1H23 earnings boost

Sentry-Group/WT-Financial-Group/Keith-Cullen/

| By Charbel Kadib |

The financial services firm has posted a 55% increase in operating profit after 'streamlining and integrating' its acquisition strategy.

AUTHOR

Charbel Kadib

Charbel is an experienced financial services journalist, previously serving as news editor of The Adviser and Mortgage Business. Prior to joining Money Management, he also covered defence and national security developments as news editor of Defence Connect, Cyber Security Connect, and Space Connect. Charbel graduated from the University of Notre Dame with a double major in politics and journalism.

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BetaShares slashes fees on Aussie equity ETF

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| By Laura Dew |

People & Products

BetaShares has cut the management fee on its $2.6 billion Australia 200 exchange traded fund (ETF) to 0.

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BetaShares

ETFs

australian equities

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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.

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Third individual charged in relation to Courtenay House misconduct

Ponzi-scheme/

| By Rhea Nath |
Financial planning

David Sipina has been charged with criminal offences relating to alleged misconduct at the Courtenay House group of companies.

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Ponzi scheme

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Rhea Nath

Rhea L Nath is a journalist at Money Management. She has previously worked as a business reporter with Dynamic Business and journalist in the multicultural media with Indian Link Media Group. In 2022, she was named Young Journalist of the Year at the NSW Premier’s Multicultural Communications Awards.

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DASH expands business with eight hires

bt-financial-group/

| By Rhea Nath |
People & Products

Advice technology solutions firm DASH has made eight new hires including former BT manager Tim Rogers as head of distribution.

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bt financial group

AUTHOR

Rhea Nath

Rhea L Nath is a journalist at Money Management. She has previously worked as a business reporter with Dynamic Business and journalist in the multicultural media with Indian Link Media Group. In 2022, she was named Young Journalist of the Year at the NSW Premier’s Multicultural Communications Awards.

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American Century identifies demographic divides across impact investing

Funds-management/investment-trends/impact-investing/American-Century/

| By Charbel Kadib |
Funds management

A disparity in demand for impact investing across gender, age, and nationality has been identified in new research conducted by the global asset manager.

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Funds management

investment trends

impact investing

American Century

AUTHOR

Charbel Kadib

Charbel is an experienced financial services journalist, previously serving as news editor of The Adviser and Mortgage Business. Prior to joining Money Management, he also covered defence and national security developments as news editor of Defence Connect, Cyber Security Connect, and Space Connect. Charbel graduated from the University of Notre Dame with a double major in politics and journalism.

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Is a US recession on the cards after all?

Bank-of-America/

| By Rhea Nath |
Funds management

Despite overwhelming pessimism for US markets going into 2023, the tide seems to be turning, with forecasts now mixed on a potential downturn.

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Bank of America

AUTHOR

Rhea Nath

Rhea L Nath is a journalist at Money Management. She has previously worked as a business reporter with Dynamic Business and journalist in the multicultural media with Indian Link Media Group. In 2022, she was named Young Journalist of the Year at the NSW Premier’s Multicultural Communications Awards.

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The race to acquire long-term clients: Netwealth

netwealth/

| By Jasmine Siljic |
Financial planning

Wealth managers and advisers are racing to manage the next generation of investors and additional high net worth individuals among several trends facing the industry.

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netwealth

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.

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Investment launches prompts BDM bonus hikes

bonuses/

| By Laura Dew |
People & Products

The increased variety of investment products coming to market has fared well for fund management distribution employees with top performers seeing bonuses of over 80% of their salary.

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bonuses

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.

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National Advice Solutions convicted for unlawful super advice

anti-hawking/

| By Charbel Kadib |
Financial planning

The financial services company has been hit with a $70,000 penalty for violating anti-hawking regulations.

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anti hawking

AUTHOR

Charbel Kadib

Charbel is an experienced financial services journalist, previously serving as news editor of The Adviser and Mortgage Business. Prior to joining Money Management, he also covered defence and national security developments as news editor of Defence Connect, Cyber Security Connect, and Space Connect. Charbel graduated from the University of Notre Dame with a double major in politics and journalism.

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HUB24 profits surge despite dip in inflows

platform-provider/technology-platform/Funds-management/financial-advisers/

| By Charbel Kadib |
Funds management

The investment funds platform has reported an 87% surge in its statutory net profit despite subdued net inflows.

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platform provider

technology platform

Funds management

financial advisers

AUTHOR

Charbel Kadib

Charbel is an experienced financial services journalist, previously serving as news editor of The Adviser and Mortgage Business. Prior to joining Money Management, he also covered defence and national security developments as news editor of Defence Connect, Cyber Security Connect, and Space Connect. Charbel graduated from the University of Notre Dame with a double major in politics and journalism.

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Third individual charged in relation to Courtenay House misconduct

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The race to acquire long-term clients: Netwealth

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Jasmine 's social profiles:

Investment launches prompts BDM bonus hikes

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Laura 's social profiles:

National Advice Solutions convicted for unlawful super advice

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Charbel 's social profiles:

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Never miss the latest news and developments in wealth management industry

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