matthew rowe

Financial planning

CountPlus posts significant 65% profit growth

The firm’s ‘clean’ sustainable financial advice model and its client-centric accounting and advice helped improve profitability for the first half of FY2021. ...

Editorial

Govt needs to destress licensee balance sheets

If the Government wants the industry to pay for a compensation scheme of last resort then it needs to review and remove many other regulatory costs, starting with profess...

Financial planning

Should wholesale advice clients be treated differently under PI?

Wholesale clients should have the financial capability and knowledge necessary to rely on professional indemnity insurance rather than accessing the proposed new compensa...

Financial planning

Are major licensees sitting on fragile balance sheets?

Analysis undertaken by the chief executive of one of Australia’s publicly-listed financial planning licensees is suggesting that a number of financial planning firms are ...

Financial planning

CountPlus NPAT up to $5.95m

Countplus’ net profit after tax has grown to $5.95 million for the 2020 financial year thanks to the firm’s deliberate operational focus and a discipline approach. ...

Financial planning

CountPlus transaction drives internal scale

CountPlus has driven an internal transaction aimed at increasing the scale of its member firms....

Financial planning

Do the bidders for AMP Limited really want the planning business?

With AMP Capital representing the jewel in the crown of AMP Limited, what will the bidders for the business have in mind for AMP’s financial planning business?...

Financial planning

Will the cost of PI drive advice firm consolidation?

A West Australian financial planning firm given 10 weeks to find professional indemnity insurance may be just the tip of the iceberg as firms struggle to find affordable ...

Financial planning

CountPlus member firm acquires NSW accountant

CountPlus member firm Mogg Osborne has completed a tuck-in acquisition of Freedom Accounting Group for $700,000. ...

Financial planning

CountPlus member firm completes acquisition

Brisbane-based Cooper Reeves has completed a tuck-in acquisition of CBD Wealth, which are both member firms of CountPlus....

Financial planning

CountPlus’ member firm completes acquisition

CountPlus member firm AdviceCo has announced it has completed a tuck-in acquisition of the accounting revenues of Arch Capital under the CountPlus ‘owner-driver, partner’...

Financial planning

Competitor licensees circle MLC/IOOF advisers

With IOOF yet to bed down its acquisition of MLC Wealth, competitor licensees have already revealed themselves by seeking to recruit disenchanted and worried advisers....

Features

FPA's adviser registration proposal resonates but what will it cost?

Mike Taylor writes that the Financial Planning Association may well have identified a key element of the future of the financial advice industry but no one should overloo...

Financial planning

Key licensees hit back at FPA adviser registration proposal

The Financial Planning Association’s proposals to have adviser registration over-ride licensing has run into a backlash from key financial planning licensees who say they...

Financial planning

Merger conjecture back on around FPA and AFA

The Financial Planning Association’s announcement of job losses and an organisational restructure driven by declining adviser numbers has reawakened calls for a merger be...