CENTREPOINT ALLIANCE

Financial planning

Announcing underlying NPAT of $36.5 million in its FY23 results, the firm has reaffirmed its focus on life insurance and will be exiting financial advice and wealth manag...

Financial planning

Advice licensee Centrepoint Alliance is seeking a corporate adviser to evaluate M&A opportunities as it forecasts an EBITDA of $7.6 million for FY23....

Financial planning

Diverger has withdrawn its bid for Centrepoint Alliance after discussions between the two firms failed to progress....

Financial planning

Centrepoint Alliance has ended the 2022 financial year with 517 licensed advisers with an additional 175 advisers coming from the acquisition in ClearView and a further 2...

Financial planning

Centrepoint Alliance has issued a response to the takeover bid by Diverger but believes the offer fails to fairly reflect the firm’s strategic value....

Financial planning

Diverger has submitted an indicative proposal to acquire Centrepoint Alliance....

Financial planning

ClearView Wealth Limited has reported operating earnings after tax of $13.9 million, up 14% on the previous corresponding period, following the sale of its financial advi...

Financial planning

The advice industry should not waste resources discussing changing the name of Statement of Advice (SOA) documents and instead follow what legislation requires, which is ...

Features

Managed accounts have come a long way in the two decades that they have been growing in Australia, Liam Cormican writes, but the only thing holding them back is their com...

Financial planning

Centrepoint Alliance is urging the advice industry to work together to provide advisers with blockchain-enabled annual consent processes to help optimise advice practices...

Financial planning

ClearView has announced underlying net profit after tax is up 54% to $22.7 million but operating earnings for its financial advice arm were down 58% as it sells it to Cen...

Features

Running a financial advice practice has never been harder, Jassmyn Goh writes, and advisers must find efficiencies and restructure their revenue sources to deliver their ...

Funds management

With Centrepoint Alliance returning 230%, which funds are offering exposure to the wealth management space?...

Funds management

In a period of regulatory change and market volatility, one wealth manager is leading the charge in share price performance after a difficult few years....

People & Products

Angus Benbow, Centrepoint Alliance chief executive, will depart the company on 28 May, 2021....

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