M&A

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...

Financial planning

SA advice firm takes stake in risk specialist

South Australian financial advice firm Calder Wealth Management has announced a strategic partnership with a risk advice firm....

Financial planning

‘Everyone’s a winner’ in Australia’s PE advice landscape

Rather than taking a controlling approach, the latest generation of overseas private equity deals is helping advice firms to achieve their growth ambitions, three comment...

Financial planning

‘This isn’t like MAFS’: Merchant’s Haintz on successful advice M&A

Merchant Wealth’s David Haintz has described how the firm differs from the traditional private equity ventures jumping into Australia, and why M&A isn’t like Married at F...

Financial planning

Count merger strengthens South Australian presence

An Adelaide-based financial planning and accounting firm is set to merge into Count Adelaide, aligning with Count’s ambitions to form a national footprint of scaled equit...

Funds management

TAL takes minority stake in Challenger

Insurer TAL has announced it has taken a minority stake in investment manager Challenger....

Funds management

Platinum rejects PM Capital bid for LICs

Platinum Asset Management has rejected a bid from PM Capital to acquire its two listed investment companies....

Financial planning

Will Insignia’s cyber attack deter PE acquirers?

With Insignia Financial suffering a cyber attack on its Expand platform, this can potentially have a negative impact on the two private equity bids currently in play for ...