Fiducian Group has enjoyed double-digit growth in its FUMAA and NPAT for the first half of FY25, as it looks to boost adviser numbers to 150 through potential acquisitions.
Iress has appointed the former head of Count Financial to a newly created executive general manager position in its wealth APAC team.
The parliamentary inquiry into the sophisticated investor test (SIT) has recommended making the test less subjective in order to prevent abuse by AFSLs.
Perpetual’s board is considering a revised proposal from private equity firm KKR following unwelcome ATO tax guidance at the end of 2024.
Centuria Capital Group has appointed its second former professional sportsperson as its healthcare fund manager.
AMP chief executive Alexis George says the company is “living and breathing organic growth” as it enters the final year of its business simplification program and looks to reprioritise growth.
Australian dealmakers are expectant of deals in 2025 to come from a silver tsunami of retiring practice owners who are planning for their succession, with generational shifts in leadership described as a “game changer”.
GQG Partners saw a twofold increase in net flows for 2024, as chief executive Tim Carver eyes a robust pipeline of potential deals for its private capital solutions business in the year ahead.
Reach Alternative Investments has appointed a head of private wealth following the firm’s strategic alliance with platform HUB24.
Brookfield, which recently entered the bidding war to acquire Insignia Financial, has launched a private credit strategy managed by Oaktree for Australian wholesale investors.
