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Showing 41 - 50 of 6175 results for "Sale"

Low-margin clients hurt practice valuations

KARREN VERGARA  |  THURSDAY, 14 MAR 2024
... practices' bottom line and ultimately drag business valuations, a new analysis reveals. The latest Advice practice acquisition, sale & valuation guide from Centurion Market Makers highlights the struggle advice firms face in servicing clients that pay ...

Perpetual adds director, institutional business

ELIZABETH FRY  |  MONDAY, 11 MAR 2024
High-profile investment executive Kate Hillyar has joined Perpetual Asset Management's institutional business team. Hillyar arrives from alternative asset manager HMC Capital, where she worked for 18 months as a director of institutional capital. ...

DomaCom chief executive John Elkovich steps down

ANDREW MCKEAN  |  MONDAY, 4 MAR 2024
Fractional property investing platform DomaCom's chief executive John Elkovich has resigned effective immediately due to personal reasons. DomaCom chair and ex-Liberal Part leader John Hewson praised Elkovich's contributions, notably his oversight of ...

Nominations open for 30th annual MAX Awards

CHLOE WALKER  |  FRIDAY, 1 MAR 2024
Nominations are now open for the annual Financial Standard MAX (Marketing, Advertising and Sales Excellence) Awards. Now in their 30th year, the MAX Awards recognises industry excellence in the fields of marketing, advertising and sales in financial ...

HNWI collecting activity stoops: Knight Frank

CHLOE WALKER  |  THURSDAY, 29 FEB 2024
Despite a slew of record-breaking sales, luxury investment markets weakened in 2023, according to the Knight Frank Luxury Investment Index (KFLII). For only the second time, the KFLII, which tracks the performance of 10 popular investments of passion ...

VanEck establishes foothold in Brisbane

ANDREW MCKEAN  |  TUESDAY, 27 FEB 2024
VanEck will have a team dedicated to the Queensland market from next month, responding to growing demand for its exchange-traded funds (ETFs) among financial advisers in the state. The investment manager also bolstered its Australian team with new investment ...

Super funds in pole position for expanded advice

KARREN VERGARA  |  MONDAY, 26 FEB 2024
Superannuation funds will have a leg up over life insurers and banks once the federal government implements its proposal to expand financial advice. This is according to industry experts who say that super funds are in good stead to bolster the availability ...

Morrison divestment lifts Sequoia profits

JAMIE WILLIAMSON  |  FRIDAY, 23 FEB 2024
... group's NPAT for 1H24 was more than 4000% higher at $27.8 million, primarily due to offloading Morrison Securities. Despite the sale, revenues also increased, coming in 43.7% - or almost $20 million - higher at $62.8 million. Normalised EBITDA was $3.6 ...

Proposed super tax requires perspective: Expert

KARREN VERGARA  |  THURSDAY, 22 FEB 2024
... pay tax on that growth as it as it happens, and not giving you a discount. So that's definitely bad. But at the time of sale, it's profoundly better to make a realised capital gain in super," she said. Another issue SMSFs must bear in mind is ...

Insignia details transformation progress

JAMIE WILLIAMSON  |  THURSDAY, 22 FEB 2024
... Meanwhile, expenses fell by about 19% because of optimisation benefits. As predicted, adviser numbers dropped to 1199 due to the sale of Millennium3, closure of Lonsdale, and changes to Bridges. The migration of clients and assets from MLC Wrap to the ...