M&A

Financial planning

Prime Financial sees ‘strong tailwinds’ in private markets

Prime Financial Group has announced its FY24 results in what proved to be an “inflection point” for the firm, with further M&A activity and growth in the alternatives mar...

Financial planning

The cost of death on advice practices

With small financial advice firms vulnerable to key person risk, there can be a tangible monetary cost to a practice’s value if the owner dies suddenly. ...

Funds management

Magellan’s Formica on the ‘huge opportunity’ from Vinva deal

Magellan executive chair Andrew Formica has shared further details on the strategic acquisition of a minority stake in Vinva and the growth opportunity it presents....

Financial planning

‘Like herding cats’: How can M&A go wrong?

Unexpected bills and a lack of cultural alignment are among M&A challenges two directors have faced, and the experiences have taught them that advice practices shouldn’t ...

Financial planning

AZ NGA ‘seizes the day’ with AMP deal

AZ NGA’s Paul Barrett unpacks why the firm is the right home for 16 AMP-aligned advice practices and how its M&A history will facilitate the long-term growth ambitions of...

Financial planning

‘Halcyon days ahead’ for advice profession

WT Financial managing director Keith Cullen believes it is “halcyon days ahead” for financial advice as it completes a four-year period of M&A activity, with the licensee...

Financial planning

AMP’s George details historic decision to exit advice

AMP chief executive Alexis George has detailed to Money Management how its exit from advice will change the industry, allow greater scale for advisers and a new role for ...

Financial planning

HNW wealth managers announce merger

Two wealth managers focused on high and ultra-high-net-worth clients have announced a merger, with over 180 years of history between them....

Funds management

BNP Paribas looks to acquire AXA IM’s €850bn investment arm

European asset manager BNP Paribas has confirmed it is in exclusive talks with AXA to acquire its €850bn investment management arm....

Features

‘Never too early, often too late’: Thinking about succession planning

With business owners very rarely planning their exit from the advice practice in advance, three experts underscore why succession planning is critical for long-term succe...

Funds management

Maple-Brown Abbott deal presents complementary growth path for Antipodes

The acquisition of Maple-Brown Abbott is expected to be earnings accretive for Antipodes Partners and presents it with complementary asset classes for future growth....

Funds management

Regal M&A boosts FUM by a third

Having completed the acquisitions of Merricks Capital and Argyle Group, funds under management at Regal Partners has risen 35 per cent to $16.5 billion....

Financial planning

Could AZ NGA be the target of a US giant?

Financial advice group AZ NGA is reportedly in “exclusive negotiations” with US asset manager Oaktree Capital about the firm coming on board as a possible growth partner....

Funds management

‘Cashed up and confident’: Financial services M&A fiercely competitive

Mergers and acquisitions in the Australian financial services industry are expected to continue surging, with M&A leaders looking to double the number of deals they are p...