EXIT

Financial planning

There are signs the financial advice industry is stabilising as Q3 2023 demonstrated the second-lowest number of exits in five years, according to Adviser Ratings’ quarte...

People & Products

Money Management collates the biggest hires and exits in the financial services space of the last three months. ...

Funds management

Magellan has appointed Amy Krizanovic as head of ESG and it is understood her predecessor and former deputy CIO, Dom Giuliano, has departed the firm after 16 years....

People & Products

Sunny Bangia, portfolio manager and founding equity partner at the investment manager, has left the firm after eight years. ...

People & Products

Nathan Lim had been with the firm for seven years and was responsible for forming its asset allocation and portfolio management capability for Australia and Asia. ...

Financial planning

There is cause for “cautious optimism” about the adviser landscape in 2023, according to Adviser Ratings....

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Funds management

Bank of Queensland has elaborated on its surprise decision to appoint a new chief executive to replace George Frazis....

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Financial planning

Economic uncertainty is prompting the need for business owners to have their exit plans organised in case of future sale, according to HLB Mann Judd. ...

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Financial planning

There are four possible scenarios for the adviser exit pathway to take going forward, according to Rainmaker Information, ranging from an outcome of zero advisers to 12,0...

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Financial planning

After losing 126 advisers last week, the advice industry has recorded 117 appointments and 115 losses for a net gain of two advisers this week....

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Financial planning

The financial advice profession has again fallen by triple figures, recording a weekly loss of 126 advisers in the lead-up to the end of financial year, according to Weal...

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People & Products

Nick Parsons has stepped down as chief executive of Bravura Solutions and will depart on 22 August....

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Funds management

Fidelity global emerging markets fund manager, Alex Duffy, is to leave the firm at the end of May after 16 years. ...

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Financial planning

IMB Bank has exited advice ownership with its planning assets being sold to Bridges Financial Services....

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Funds management

Mark Bouris’ Yellow Brick Road has continued its exit from wealth management by completing the sale of its 50 per cent stake in Smarter Money Investments to joint stakeho...

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MARKET INSIGHTS

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Never miss the latest news and developments in wealth management industry

adviser losses will be less severe in 2024, yes because there are next to none left. ...

2 days ago
JOHN GILLIES

What does he do after three years???.He sits FEW EXAMS GETS THEM RIGHT ONCE and he can apply again promising to be a go...

3 days 20 hours ago
Ross Smith

I have been making this advocation for more than 10 years, that banning a financial adviser like this is hopeless like a...

3 days 20 hours ago

AustralianSuper and Australian Retirement Trust have posted the financial results for the 2022–23 financial year for their combined 5.3 million members....

10 months 2 weeks ago

A $34 billion fund has come out on top with a 13.3 per cent return in the last 12 months, beating out mega funds like Australian Retirement Trust and Aware Super. ...

10 months 1 week ago

The verdict in the class action case against AMP Financial Planning has been delivered in the Federal Court by Justice Moshinsky....

10 months 2 weeks ago