June adviser losses surpass 100
After a brutal month for adviser numbers, the net loss for June now stands at more than 100 advisers, but the financial year is still on track to end in positive territory.
After a brutal month for adviser numbers, the net loss for June now stands at more than 100 advisers, but the financial year is still on track to end in positive territory.
Two advice platforms have been identified by Adviser Ratings as standouts for efficiency as time-pressured advisers become evermore fickle in their platform selection.
Australian investors have made “extraordinary” flows into managed funds since the start of the year, more than 20 times the same period a year ago.
Regal Partners has announced its latest alternatives acquisition, taking a 50 per cent stake in real estate and advisory platform Ark Capital Partners ahead of a future hotel strategy launch.
Bell Financial Group has partnered with investment solution provider Briefcase to deliver access to direct indexing technology to its clients.
More than 20 winners have been revealed for the annual Fund Manager of the Year Awards.
The Financial Services Council has recommended implementing a per capita limit per annum for financial advisers when it comes to the CSLR levy to allow them to expand their business without levy uncertainty.
Wealth managers are planning to increase their use of active strategies as they believe active management offers diversification and outperformance potential for their clients, according to Schroders.
Pinnacle’s managing director Ian Macoun has offloaded a 1.73 per cent stake in the company, with plans to reinvest the proceeds into funds managed by Metrics Credit Partners.