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Showing 1051 - 1060 of 3363 results for "Wealth management"

AMP profits dive, chief pay restructured

ELIZABETH MCARTHUR  |  THURSDAY, 8 AUG 2019
Reporting a 50% drop in wealth management profits, AMP conceded chief executive Francesco De Ferrari's remuneration will have to be reconsidered in light of share price tumbles. The group reported an underlying profit of $309 million for the first half ...

AMP announces new strategy, capital raise

JAMIE WILLIAMSON  |  THURSDAY, 8 AUG 2019
... of initiatives aimed to reposition it for the future, including a $650 million capital raise to reinvent its wealth management offering. Releasing its 1H19 results today, AMP has launched a $650 million capital raise to fund a new three-year plan - to ...

CBA remediation bill drags performance

KARREN VERGARA  |  WEDNESDAY, 7 AUG 2019
... extent of its planned job cuts across its branches and technology division, alleged to affect 10,000 employees. Wealth management, which is made up of superannuation, investment, retirement and insurance products and financial planning, turned in $413 ...

BT advice boss lands new role

KANIKA SOOD  |  WEDNESDAY, 7 AUG 2019
... "The opportunity to lead Xplore Wealth during this formative time for the company is genuinely exciting as the wealth management and financial services sector is transforming, creating growth opportunities." Wright was last year questioned about the ...

Adviser stole $200k from SMSFs

ELIZABETH MCARTHUR  |  TUESDAY, 6 AUG 2019
... authorised representative of Marigold Falconer International and Allied Financial Solutions through his business RM Wealth Management. Between 2004 and 2008 Michael was a representative of Sentry Financial Planning, Solutions Wealth Strategies and Insignia ...

Planning foundation adds directors

HARRISON WORLEY  |  MONDAY, 5 AUG 2019
... welcoming the appointments of former FPA chair Julie Berry, acting Commonwealth Bank executive general manager of wealth management Hugh Humphrey, and Aspire Retire chief executive Olivia Maragna to its board, in a move chair Petra Churcher said will ...

VGI Partners readies $1bn Asian fund

KANIKA SOOD  |  MONDAY, 5 AUG 2019
... prospectus due to be released in September. VGI said it is in the process of appointing joint lead managers: Crestone Wealth Management, Commonwealth Securities, Ord Minnett, Taylor Collison and Wilsons as the joint lead managers for the offer. VGI is ...

Xplore continues hunt for chief executive

ELIZABETH MCARTHUR  |  FRIDAY, 2 AUG 2019
... distribution and marketing, Tony Nejasmic, at the start of June. Nejasmic has since joined Lonsec as head of wealth management. His replacement has been appointed but not yet announced by the company. It was a mixed quarter for Xplore. Its funds under ...

Patersons launches first SMAs

ELIZABETH MCARTHUR  |  THURSDAY, 1 AUG 2019
Patersons Securities has launched its first separately managed account offerings. The stockbroking and wealth management firm released two SMA models this week. The models had previously been run by Patersons as in-house model portfolios. It is the ...

Advice software firm appoints sales lead

KRISTI CHENG  |  WEDNESDAY, 31 JUL 2019
... Stanford Brown's business development team has landed a national sales role at a firm that specialises in wealth management software for advisers. WealthO2 has appointed Phil Anderson as national business development manager, in a new role created ...