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Count CEO on the high cost to scale up an AFSL

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The financial advice market remains very fragmented compared to other industries, according to Count chief executive Hugh Humphrey, and licensees need deep pockets if they want to scale up.

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BlackRock completes acquisition of research house Preqin

private-markets/blackrock/Preqin/M&A/

BlackRock has completed its acquisition of private markets research house and data provider Preqin, having first been announced last July.

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Global X hires senior BDM to drive growth

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Global X has appointed a former senior Selfwealth BDM to its sales team as it targets $11 billion in assets under management by the year’s end.

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WGEA publishes latest financial and insurance services gender pay gap

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The latest gender pay gap data for Australia has flagged the ongoing challenges in pay equity in financial and insurance services, with women in the sector earning 22.2 per cent less than their male counterparts.

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AZ NGA secures $345m investment from global asset manager

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A global investment manager with more than $676 billion in AUM has announced a $345 million debt investment into Oaktree Capital-backed AZ NGA.

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Bringing investment specialists into the alts conversation

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Three commentators unpack how firms are increasingly hiring client-facing investment specialists to support financial advisers in understanding the complexities of alternative investment funds.

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Is your name one of the most common adviser names?

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Five male names are shared by over 10 per cent of the financial advice industry, according to CoreData, while a female name does not appear until number 43.

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Which listed platform enjoyed the highest FUA growth in 1H25?

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With the results for the first half of FY25 now in, Money Management takes a look at which of the three ASX-listed investment platforms has seen the highest FUA growth.

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Magellan resumes share buybacks

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Magellan Financial Group has announced it will be resuming its share buyback program in light of the current market price.

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‘Investigate deeper’ when choosing a research house

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Bennelong Funds Management has shared seven questions for financial advisers when they are selecting a research house for them, with a priority being to look beyond fund ratings alone.

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