selfwealth

Financial planning

Selfwealth acquirer raises $123m to accelerate Aussie expansion

With the Selfwealth acquisition under its belt, APAC investment platform Syfe has shared how it is investing in a hybrid financial advice model to target mass affluent Au...

Funds management

Selfwealth delists as M&A plans charge forward

Trading platform Selfwealth has officially delisted from the ASX, marking the final step of Svava’s acquisition plans as it implements a scheme of arrangement....

Financial planning

Selfwealth acquirer bets on mass affluent market

Selfwealth’s acquirer, Syfe Group, has said the firm is hopeful of opportunities from the mass affluent population as it believes a gap exists between DIY brokerage and f...

Funds management

The cost of indecision: M&A deals see rise in reverse break clauses

With increased M&A taking place in financial services, law firm Ashurst is witnessing an increase in expensive reverse break clauses as companies seek to ensure deals pro...

Funds management

Selfwealth switch-up as platform commits to rival bidder

Despite having entered into a scheme of arrangement with Bell Financial Group last week, Selfwealth has opted to now progress with a bid from rival Svava instead....

Funds management

Selfwealth M&A battle continues with Svava binding proposal

Following the announcement last week that Selfwealth had formally commenced into a scheme of arrangement with Bell Financial Group, Svava has put forward a binding propos...

Funds management

Selfwealth updates on 2 competing acquisition bids

Selfwealth has provided an update on the status of its scheme implementation deed with Bell Financial Group as well as whether rival bidder Svava remains in the picture. ...

Funds management

Selfwealth/Bell deal in doubt as third bidder emerges

Selfwealth has received a third non-binding indicative offer from a new bidder which it says represents a “superior proposal” to its existing scheme implementation bid wi...

Funds management

Selfwealth picks acquirer after $58m bid

Having received bids from Bell Financial Group and AxiCorp, trading platform Selfwealth has confirmed it has entered into a scheme implementation deed after both parties ...

Funds management

Second bidder emerges for Selfwealth acquisition

Just one day after Selfwealth received a “highly attractive” acquisition bid from Bell Financial Group, it has received a second non-binding indicative proposal from a ri...

Funds management

Selfwealth receives acquisition bid from Bell Financial Group

Selfwealth has announced it has received a “highly attractive” bid from Bell Financial Group to acquire 100 per cent of the company, valuing the company at $51 million....

Funds management

Selfwealth reveals top 10 traded ETFs in FY24

The trading platform has uncovered the top 10 most traded ETF products by its users in FY24, with Vanguard unsurprisingly dominating the top three positions....

Funds management

Vanguard ETFs demonstrate strong trades in May

Selfwealth has revealed the top 10 ETFs by trades during the month of May, with the ASX experiencing a flat performance while US indices enjoyed stronger returns....