M&A

Funds management

Selfwealth delists as M&A plans charge forward

Trading platform Selfwealth has officially delisted from the ASX, marking the final step of Svava’s acquisition plans as it implements a scheme of arrangement....

Funds management

Will L1 Capital deal help save Platinum?

A potential deal between Platinum Asset Management and L1 Capital may unlock cross-selling benefits but will be unlikely to reverse structural challenges facing active ma...

Funds management

AUSIEX to acquire fixed income trading platform FIIG

AUSIEX has announced it will acquire FIIG, a specialist fixed income provider with $4.5 billion in funds under advice....

Funds management

Platinum in discussions over fund manager merger

Platinum Asset Management has announced it is in discussions with a global alternatives fund manager regarding a possible merger to create an $18 billion firm. ...

Financial planning

Count Gold Coast inks double acquisition

Count Gold Coast, an equity partner of Count, has entered into binding agreements to acquire clients of two accounting businesses, providing new opportunities for its fin...

Financial planning

‘Less alignment, more implications’: What to consider prior to M&A

With wealth management M&A appetite only growing stronger, Business Health has outlined the major considerations for buyers and sellers to prevent unintended misalignment...

Financial planning

Younger advised clients sitting top of buyers’ wishlist

Financial advice businesses with a younger, wealthier client base are enjoying higher valuations and increased attention from potential buyers than those with older clien...

Financial planning

Prime Financial steps up the game on M&A

Prime Financial is looking to shed its “sleeping giant” reputation with larger M&A transactions going forward, having agreed to acquire research firm Lincoln Indicators....

Financial planning

Selfwealth acquirer bets on mass affluent market

Selfwealth’s acquirer, Syfe Group, has said the firm is hopeful of opportunities from the mass affluent population as it believes a gap exists between DIY brokerage and f...

Funds management

Prime Financial expands wealth division with investment research acquisition

Prime Financial Group has expanded its reach into wealth management by over 3,000 investors with a binding agreement to acquire investment research and fund management bu...

Financial planning

AZ NGA-backed firm acquires Qld advisory practice

Rose Partners, which has a strategic partnership with AZ NGA, has purchased an advisory and accounting business based in Queensland to drive its expansion....

Financial planning

Investment info firm acquires SA wealth practice

Investment information firm Equity Story has signed a binding heads of agreement to acquire South Australian financial advisory and stockbroker Baker Young for $4.2 milli...

Financial planning

Insignia updates on 2 PE bidders

Insignia Financial has provided an update on the status of its private equity bidders as an initial six-week due diligence period comes to an end....

Financial planning

Mason Stevens CEO on its PE-fuelled growth trajectory

Having rejected the possibility of an IPO, Mason Stevens’ CEO details why the wealth platform went down the PE route and how it intends to accelerate its growth ambitions...