How Viridian Advisory is creating ‘client-ready’ advisers

CFS/viridian/financial-advice/professional-year/new-entrants/

Viridian Advisory’s Brett Arnol has detailed how the firm’s partnership with CFS is fostering the next generation of advisers through its Professional Year program.

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Financial advice identified as M&A hotspot

M&A/financial-advice/advice-technology/technology/law/

Financial advice and its associated technology have been identified by industry experts as key hotspots in the Australian M&A landscape.

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PM Capital appoints investment sales director

amp/PM-Capital/challenger/Fidante/appointment/hires/

PM Capital has tapped experienced executive Ben Warnes for the role as it seeks to bolster its strategic sales capabilities.

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Platinum returns to FUM decline as it awaits revised Regal bid

Platinum/regal/funds-under-management/

Platinum Asset Management has announced its funds under management fell during October, a return to outflows after a gain in the previous month.

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Challenger appoints co-head of investment solutions

challenger/Fidante/appointments/hires/

Challenger has promoted Marco Barchmann as its new co-head of investment solutions as the firm identifies funds management as one of its core strengths.

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Payton Capital expands national presence to WA

Alternatives/real-estate/private-markets/private-credit/Western-Australia/

Fund manager Payton Capital, which was acquired by HMC Capital in July, has opened a new office in Western Australia and a second office in Queensland to boost its AUM.

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Perpetual announces asset management leadership appointments

KKR/Perpetual/appointments/hires/state-street-global-advisers/

Perpetual has announced new global leadership appointments to its asset management division, including a hire from State Street Global Advisors, as it prepares to separate into a standalone business.

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AMP adviser numbers fall while industry rises

Wealth-Data/amp/financial-advisers/Colin-Williams/

The financial advice sector has benefited from a net rise of 11 advisers this week, according to Wealth Data, while AMP Group reports losses as several advisers open their own licensees.

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‘Never had one’: ASIC’s Longo on Qantas flight upgrades

ASIC/Qantas/Joe-Longo/Senate-Economic-References-Committee/

ASIC leadership has waded into the political debate about Qantas flight upgrades, confirming its executives hold membership of the Chairman’s Lounge but denying it affects their regulatory ability.

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GQG sees first FUM decline in 12 months

gqg/GQG-Partners/funds-under-management/equities/

GQG Partners has reported a decrease in its funds under management as at 31 October, its first fall since October last year.

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