REVENUE

Financial planning

Wealth Data analysis has seen a “significant jump” in gross revenue per financial adviser at eight ASX-listed financial advice licensees, and detailed the range between h...

Financial planning

Driven by technological efficiencies, advisers are doing more with less and witnessing increased profitability, according to a survey of over 120 practices. ...

Expert Analysis

Sustainable cashflow is the apex for financial advice firms today and growth can be a bitter pill to swallow amid growing compliance and administration costs, writes Umes...

Financial planning

Sequoia Financial Group is hopeful that it will be able to “stem the bleeding” in adviser numbers with acquisitions as licensee revenue rises 15.2%....

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Financial planning

When it comes to selling a financial advice business, firms with investment and superannuation clients in their early sixties can attract the highest multiples....

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Financial planning

Wealth Today saw a reduction in new business revenue for many advisers between February and May due to the economic uncertainty and downturn from the pandemic....

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Financial planning

The firm’s revenue had fallen by over 15% in April and May due to the COVID-19 pandemic....

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Financial planning

Australian Unity has posted a better advice revenue bottom line despite reducing its number of advisers and installing a new leadership team....

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Financial planning

Many of the problems identified by the Royal Commission stemmed from a revenue at all costs approach which sublimated the needs of the client, according to an assessment ...

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Life/Risk

APRA figures have shown an 11.5 per cent year-on-year rise in the Australian life insurance industry’s net policy revenue to $17.9 billion in the September 2018 quarter....

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Financial planning

Bell Financial Group has used a market update to report strong revenues and profitability as well as signalling a plan to further leverage its platform capability....

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Policy & Regulation

The Institute of Public Accountants has accused the Australian Securities and Investments Commission of being more focused on revenue than actually regulating....

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Financial planning

IRESS has reported a 10 per cent growth in revenue for full year which was helped by the positive contribution to earnings from acquisitions....

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Features

Upcoming changes to adviser remuneration will have profound implications and advisers must act quickly to diversify and grow their revenue or potentially suffer an immedi...

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Policy & Regulation

The Federal Government introduced the ASIC industry funding model bill into Parliament on Thursday, which would require entities to fund it rather than taxpayers....

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MARKET INSIGHTS

JOHN GILLIES

SO NOW YOU ARE NOT ONLY A FUND MANAGER BUT A MIND READER AS WELL ? (Where it should have considered the orders were man...

15 hours ago
Nathan Baker

That's great. If any loss had occurred and clients eventually sue, that will probably occur after the PI has lapsed. Adv...

16 hours ago
Mark Marshall

It is about time that commentary put forward by the Financial Services industry's middleman is supported with hard facts...

1 day 7 hours ago

ASIC has cancelled the AFS licence of a Sydney wealth firm, the fifth Sydney firm to see a cancellation since the start of the year....

2 weeks ago

A former financial adviser has been banned by ASIC from providing financial services for inappropriate advice, among multiple breaches....

4 weeks 1 day ago

More than 20 winners from the funds management industry have been crowned at this year’s awards....

1 week ago