SMA usage climbsBY ALEX BURKE | THURSDAY, 30 APR 2015 12:45PMOne in five (20%) financial advisers are now using separately managed accounts for investors, according to research by JBWere and Investment Trends.
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Adviser numbers plateau
The number of financial advisers in Australia appears to be stabilising at 15,602, as Count and AMP Financial Planning continue to hold the lion's share.
Praemium loses $700m due to adviser transitions
Praemium reported total net outfows from its Powerwrap scheme has reached $700 million over the past three quarters.
Small cap investors told to 'stop whinging'
Forager's chief investment officer has read the riot act to investors.
Adam Blumenthal ordered to pay $850k
Blumenthal is also banned from managing corporations for five years.
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