EXIT

Financial planning

Veteran fixed income manager Jim Leaviss has announced he will depart M&G Investments after almost 30 years, with the firm appointing his replacement from Schroders....

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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MARKET INSIGHTS

James Patterson

How much did IRESS pay Deloitte for this analysis? Not sure they are the arbiter of intelligent forecasting in this spac...

20 hours ago
Howard Elton

Article makes no comment that the advisers leaving industry are older and have many years of work an life experience w...

2 days 3 hours ago
Peter Robinson

This article appears to overlook the fact that there must be a fairly large group of advisers who missed out on the expe...

2 days 3 hours ago

ASIC has secured travel restraint orders against a financial adviser while he is the subject of an investigation into alleged financial misconduct....

4 days 21 hours ago

Insignia Financial has unveiled a new operating model and executive team, including a new head of advice, while three senior executives are set to depart the licensee....

2 weeks 2 days ago

Analysis by Chant West of the annual performance of growth superannuation funds has uncovered which ones see the best performance....

1 week 1 day ago