MICHAEL OHANESSIAN

Financial planning

As the platform looks to focus on its domestic business, selling off the international business will be the first test of the tenure of new chief executive, Anthony Wamst...

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People & Products

Interim chief executive Anthony Wamsteker will be made permanent, with a $600,000 base salary and up to a 50% performance bonus....

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Funds management

Praemium has reported record growth in funds under advice to $34.3 billion for the half-year ending 31 December 2020. ...

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Financial planning

Praemium has taken control of the wealth management platform, following it’s off-market transfer which will be 100% completed by November....

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People & Products

Wealth manager JBWere has extended its virtual managed accounts agreement with Praemium for another two years. ...

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Financial planning

Australian platform provider, Praemium has reported a positive momentum during H1 2019, underpinned by a significant 122% growth in net profit after tax....

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Financial planning

Praemium has reported a 25 per cent increase in platform funds under administration to a record $9.5 billion....

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Financial planning

Praemium has announced an expansion of its relationship with Morgan Stanley Wealth Management Australia....

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Funds management

Praemium has reported strong platform inflows for the March 2018 quarter, with gross inflows of $671 million, 39 per cent higher than those of the prior corresponding tim...

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MARKET INSIGHTS

So we are now underwriting criminal scams?...

4 months 1 week ago

Glad to see the back of you Steve. You made financial more expensive, not more affordable as you claim, and presided ...

4 months 2 weeks ago

Completely agree Peter. The definition of 'significant change is circumstances relevant to the scope of the advice' is s...

6 months 2 weeks ago

Commonwealth Bank has formally dropped to zero advisers following LGT Crestone’s acquisition of its advice arm – some six years on from the Hayne royal commission. ...

1 week 3 days ago

ASIC has banned a former NSW adviser from providing advice for 10 years for investing at least $14.8 million into a cryptocurrency-based scam. ...

3 days 18 hours ago

ASIC has issued a warning to financial advisers to ensure they are complying with client consent requirements when entering into ongoing fee arrangements....

1 week 2 days ago