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Showing 71 - 80 of 1762 results for "broker"

Advice firms trading at premium: Broker

KARREN VERGARA  |  FRIDAY, 10 MAR 2023
... Financial advice firms continue to trade at a premium compared to other professional services firms, according to an industry broker. Centurion Market Makers' newly released Practice acquisition sale & valuation guide reveals that the demand for premium ...

ASIC issues more interim stop orders

CASSANDRA BALDINI  |  FRIDAY, 10 MAR 2023
Deficiencies in its target market determination (TMD) have seen interim stop orders placed on Interactive Brokers Australia. ASIC initiated the temporary suspension, valid for 21 days, to prohibit Interactive Brokers from offering, issuing, or giving ...

AustralianSuper overhauls Member Direct fees

KARREN VERGARA  |  MONDAY, 6 MAR 2023
AustralianSuper is introducing several changes to one of its popular options, which includes slashing administration and brokerage fees. From 1 April 2023, the Member Direct investment option is introducing a simpler and more competitive fee structure ...

Economic landscape spurs advice model rethink

KARREN VERGARA  |  TUESDAY, 28 FEB 2023
... models as they broaden their remit outside of traditional of investment management and administration. Insights from Desktop Broker in the newly released paper, Advice trends and opportunities: 2023 and beyond, found that advisers are increasingly anchoring ...

ASIC bans mortgage broker for eight years

KARREN VERGARA  |  MONDAY, 27 FEB 2023
An unlicensed mortgage broker who misled superannuation fund members about property investing has been banned from working in financial services for eight years. Christine Betty Childs, who was the director of Think Money and Think Money Wealth Through ...

HUB24 grows FUA to $73bn

ANDREW MCKEAN  |  TUESDAY, 21 FEB 2023
HUB24 has reported strong results for 1H23, with the financial services provider's funds under administration (FUA) growing to $73 billion. Platform FUA increased to $55.8 billion while portfolio administration and reporting services (PARS) decreased ...

Knight Frank, Berkadia form international alliance

CHLOE WALKER  |  THURSDAY, 16 FEB 2023
Together, Knight Frank and capital markets advisory firm Berkadia will partner to become one of the world's leading multi-family brokers. The new partnership will establish a premier global capital markets platform, providing clients with access to ...

ASIC bans Gold Coast businessman

CASSANDRA BALDINI  |  TUESDAY, 31 JAN 2023
... AI leased "Robot 1" to trade on the FX market, using an Australia-based over-the-counter contracts for difference (CFD) broker. Further, the regulator said Finerty carried on a financial services business without an Australian financial services licence ...

Bloomberg pays US$5m in SEC charges

CASSANDRA BALDINI  |  TUESDAY, 24 JAN 2023
... BVAL customers that the valuations for certain fixed income securities could be based on a single data input, such as a broker quote, which did not adhere to methodologies it had previously disclosed. It alleged Bloomberg was aware that its customers ...

HUB24 inflows slow amid challenging market dynamics

ANDREW MCKEAN  |  TUESDAY, 17 JAN 2023
HUB24 recorded $2.8 billion of platform net inflows in Q2 FY23, down 23.6% year on year. The funds platform also saw net inflows of $5.8 billion in 1H FY23, a drop of 13.6% from the previous corresponding period. In an ASX announcement, HUB24 said its ...