Clime IM makes ‘rapid return’ to profits following shareholder backlash

Clime/Clime-Investment-Management/

Clime Investment Management has declared a small profit in the December quarter following a statutory loss of $3.8 million in FY24 and subsequent shareholder backlash.

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Active ETF innovations strain technology providers

platform/Calastone/active-ETF/ETF/

The growth of active ETFs is placing strain on technology providers, according to Calastone, as vehicles become more complex.

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ASIC announces first adviser banning of 2025

ASIC/

The corporate regulator has announced its first adviser banning of the year with the permanent ban of a Queensland-based former adviser that was sentenced to seven years’ imprisonment.

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WT Financial and Sequoia boost adviser numbers

Wealth-Data/WT-Financial/WT-Financial-Group/Sequoia-financial-group/Sequoia/

The Australian financial advice industry has risen by more than 20 advisers this week, with nearly half joining WT Financial and Sequoia.

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Nurturing the next generation in 2025

professional-year/new-entrants/adviser-exam/

Two financial advice professionals have shared their tips for success when building an effective Professional Year program as more advisers look to bring on junior staff to their practices.

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Licensees help Netwealth report $4.5bn inflows

netwealth/platforms/financial-advice/

New adviser and licensee relationships have helped Netwealth to expand its business pipeline in the latest quarter as it reports $4.5 billion in quarterly inflows.

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Advisers take control with smart beta ETFs

BetaShares/ETFs/Smart-beta/fund-managers/VanEck/

There has been a “noticeable uptick” in the use of smart beta ETFs by advisers and sophisticated investors, according to Betashares, who are using the vehicles to take control of their portfolio construction.

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Relative Return Unplugged: Leadership in a changing world – Trump’s influence on DEI and beyond

Podcast/Relative-Return/

Donald Trump’s presidency has already begun reshaping the corporate and political landscape in the US, with exec

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The final adviser exit tally for 2024

financial-advice/Wealth-Data/adviser-numbers/

Numbers are in for 2024, with Wealth Data confirming how many advisers left during the calendar year and which business models saw the largest growth in terms of new licensees.

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Praemium enjoys 2-year net inflow high

praemium/Powerwrap/platforms/anthony-wamsteker/

Praemium has seen its highest net inflows in over two years for Q2 FY25 as its Powerwrap platform returns to inflows after five consecutive quarterly outflows.

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