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Janus Henderson acquires NBK Wealth, Tabula Investment Management
Janus Henderson has acquired the wealth management arm of the National Bank of Kuwait, NBK Wealth, as well as European ETF provider, Tabula Investment Management.
ART names advice and education leads
Australian Retirement Trust (ART) has revamped its advice, guidance and education team and created two new leadership roles.
Men, women in same occupation drive pay gap
A whopping 80% of the gender pay gap can be attributed to women being paid less than men within the same occupation, a new economic analysis shows.
Macquarie Group profits falls 32% to $3.52bn
Macquarie Group has reported a net profit of $3.52 billion for the year ending 31 March 2024, a 32% decrease from the previous year.
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Robert De Dominicis
CHIEF EXECUTIVE OFFICER
GBST HOLDINGS LIMITED
GBST HOLDINGS LIMITED
It was during a family sojourn to the seaside town of Pescara, Italy, Rob DeDominicis first laid eyes on what would become the harbinger of his future. Andrew McKean writes.
After 38 years in this once-great profession I have seen many players - advice execs and advisers - and many ups and downs, many broken promises. I have no doubt whatsoever in my mind of two inescapable outcomes I see by the year 2026: 1) next to zero specialist risk advisers remaining 2) less than 10,000 investment advisers left. I wish it wasn't so however the professions of financial planning and specialist risk advice has been captured by politicians possessed of their next election and the special interest groups who control them. It is beyond sad that 'client best interest' is truly not important to these 'people' - it is only the thinnest of a veneer to hide their true self absorbed intent.