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Showing 11 - 20 of 162 results for "Bridges"

Bridges can meet advice affordability gap: Mota

KARREN VERGARA  |  FRIDAY, 24 FEB 2023
... chief executive Renato Mota told Financial Standard that the reduction in revenue in part revolves around overhauling the Bridges Financial Services model. Net revenue earned by the advice business was down 10% year on year to $103.7 million. This was ...

AET divestment drives Insignia profit gain

JAMIE WILLIAMSON  |  THURSDAY, 23 FEB 2023
... million saved in the period. That said, net revenues were down almost 10% to $103.7 million following the integration of Bridges with MLC Advice. Over the six-month period the advice business was also impacted by $90 million paid in remediation, with ...

Insignia Financial loses more advisers

CASSANDRA BALDINI  |  TUESDAY, 26 JUL 2022
... left bringing its current total to 1,600. It explained the drop was partly due to the integration of the MLC Advice and Bridges businesses and said that as of June 30 there were 1600 active financial advisers in its network. "As flagged in the last update ...

Marketech partners with Chi-X Australia

CHLOE WALKER  |  MONDAY, 29 NOV 2021
... clients access to a range of new investment products. "Our mission is to deliver a full service non-conflicted platform that bridges the gap between platforms used by professional investors and those currently offered to most retail investors," Clark ...

IOOF moves forward with rebrand

KARREN VERGARA  |  FRIDAY, 26 NOV 2021
... funds under management to about $494 billion. The MLC brands it acquired will retain their name and branding. The brands Bridges, Shadforth, TenFifty, Lonsdale, RI Advice, Millennium3, Consultum, Godfrey Pembroke, Australian Executor Trustees, Intermede ...

AZ NGA acquires regional advice firm

KARREN VERGARA  |  THURSDAY, 14 OCT 2021
... able to increase their equity stake in the business. This year, AZ NGA acquired Blue Harbour Financial Partners (formerly Bridges Brisbane Bayside) and Henderson Matusch Group, and took a stake in Cranage Financial Group.

Shadforth appoints Queensland head

KANIKA SOOD  |  TUESDAY, 3 AUG 2021
... June end. IOOF also owns o ther advice groups including RI Advice (264 advisers), Millennium3 (242), Lonsdale (119) and Bridges Financial Services (193). IOOF reported $2.2 billion in outflows from 33 advisers departing from IOOF's self-employed ...

IOOF advice outflows soar

ANNABELLE DICKSON  |  THURSDAY, 29 JUL 2021
... final audit, for the full year ended 30 June 2021 relating to goodwill associated with Shadforth, DKN Financial Group and Bridges and reflects the termination of the platform relationship with BT Portfolio Services.

M&As to create super advice firms

KARREN VERGARA  |  FRIDAY, 23 JUL 2021
... transactions including the recent acquisitions of Queensland-based businesses, Blue Harbour Financial Partners (formerly Bridges Brisbane Bayside) and Henderson Matusch.

More advisers exit in June

KARREN VERGARA  |  MONDAY, 5 JUL 2021
... with the following figures: RI Advice (264), Millennium3 (242), Lonsdale (119) and Shadforth Financial Group (137) and Bridges Financial Services (193). This makes IOOF the largest licensee after it finalised its acquisition of MLC Wealth in early June ...