PROFITS

News

Macquarie Group appears on track to meet market expectations and has benefited from the migration of the ANZ Oasis to the Macquarie platform....

image
Funds management

WAM Leaders Limited maiden interim results showed an operating profit before tax of $24.2 million for the period of May and December 2016....

image
Accounting

Accounting firms have underestimated the impact of further study on their profit and productivity as accountants ramp up their education in light of SMSF licensing requir...

image
Financial planning

Paemium has posted a 72 per cent increase in profit for FY2016 thanks to advisers embracing SMA technology....

image
Funds management

Despite Perpetual recording strong profits in 1H15, its business units took a hit due to volatile equity markets. ...

image
Financial planning

AMP’s wealth management business reported a $410 million profit for the 2015 financial year, as the company saw profits rise by 10 per cent....

image
Funds management

Challenger Limited has reaped the benefits of selling annuities via both super funds and platforms....

image
Funds management

Suncorp’s focus on retention and value in its life business has helped the company report a $430 million first half profit....

image
Funds management

Praemium have this morning announced profits of $14.7 million, recording a 35 per cent increase on revenue in their fiscal results for the first half of the 2015-16 finan...

image
Funds management

EQT points to one-offs amid an operating profit forecast before tax of around $13.7 million to $14.2 million in the six months to December....

image
Funds management

Publicly-listed fund manager, WAM Capital posts 248.5 per cent increase in first half operating profit before tax to $103 million....

image
Financial planning

Bell Financial Group is starting 2016 on a high, following the announcement of a 165 per cent increase in pre-tax profits....

image
Funds management

Macquarie Group reports half-year profit of $1.07 billion, up 58 per cent on the previous corresponding period. ...

image
Financial planning

Financial services provider, HUB24 has seen its gross profit jump by 3000 per cent in the 2015 financial year, while its FUA more than doubled in the last 14 months....

image
Financial planning

Centrepoint Alliance has pointed to new ventures in its advice and funds managements arms as key drivers for a 78 per cent increase in after tax profits....

image
 

MARKET INSIGHTS

sub-bg sidebar subscription

Never miss the latest news and developments in wealth management industry

Squeaky'21

My view is that after 2026 there will be quite a bit less than 10,000 'advisers' (investment advisers) and less than 100...

1 week ago
Jason Warlond

Dugald makes a great point that not everyone's definition of green is the same and gives a good example. Funds have bee...

1 week ago
Jasmin Jakupovic

How did they get the AFSL in the first place? Given the green light by ASIC. This is terrible example of ASIC's incompet...

1 week 1 day ago

AustralianSuper and Australian Retirement Trust have posted the financial results for the 2022–23 financial year for their combined 5.3 million members....

9 months 1 week ago

A $34 billion fund has come out on top with a 13.3 per cent return in the last 12 months, beating out mega funds like Australian Retirement Trust and Aware Super. ...

9 months ago

The verdict in the class action case against AMP Financial Planning has been delivered in the Federal Court by Justice Moshinsky....

9 months 2 weeks ago