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International firm acquires advice groupBY JAMIE WILLIAMSON | WEDNESDAY, 12 JUN 2019 12:15PM
A national financial advice group with more than 120 advisers on its books is to be acquired by a major Canadian wealth manager.
Read more: CG Patersons, Patersons Securities, Canaccord Genuity Australia, Canaccord Financial Group, Dan Daviau, Michael Manford, ASIC, Marcus Freeman
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The $80 billion fund manager has hired BMO Global Asset Management's Asia Pacific managing director as an executive director as the incumbent retires.
Wilson Asset Management has responded to allegations by Keybridge Capital, noting the investment manager has already failed twice in previous attempts to obtain orders of this kind.
The former head of ESG investment research at AMP Capital has taken up a new role.
Fortnum, Centrepoint, Easton Wealth, CountPlus, Fitzpatricks and Paragem have all criticised the Financial Planning Association of Australia's latest policy proposal.
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