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DIVERGER
Financial planning
With Count’s acquisition of Diverger set to reach completion in February 2024, rival bidder COG Financial Services has withdrawn its “superior proposal” made last month. ...
Financial planning
Diverger has confirmed a rival bidder has put forward a competing proposal for acquisition, though Count continues to be the frontrunner in the eyes of the board. ...
People & Products
Following its acquisition of financial advice business Affinia from TAL, Count has welcomed an additional 11 advisers to its network as an Affinia firm joins its AFSL....
People & Products
Diverger has acquired technology services firm Priority Networking, a specialist firm in advising technology and cybersecurity needs for small and medium-sized business....
People & Products
Diverger has acquired licensee support business AFSL Compliance to expand its client base of self-licensed firms....
People & Products
Diverger has expanded its service offering with a CPD and technical support platform for advisers....
Financial planning
Diverger has withdrawn its bid for Centrepoint Alliance after discussions between the two firms failed to progress....
Financial planning
Diverger has seen net revenue for its full advisers rise by 29% to $8.2 million in the past year thanks to improved fee models and organic fee growth within adviser pract...
Financial planning
Diverger has announced its purchase of a 35% stake in McGregor Wealth Management for an initial cash consideration of $0.74 million, followed by deferred consideration up...
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
Looking at annual turnover statistics, Insignia has the highest annual adviser turnover rate of the big five licensees while Morgans has easily the lowest rate of turnove...
Financial planning
Diverger, formally known as Easton Investments, has partnered its Paragem network with The Wealth Network to help advice practices grow in an environment of declining adv...
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MARKET INSIGHTS
Podcast
Significant ethical issues there. If a relationship is in the process of breaking down then both parties are likely to b...
It's not licensees not putting them on, it's small businesses (that are licensed) that cannot afford to put them on. The...
So we are now underwriting criminal scams?...