Newspaper icon
The latest issue of Financial Standard now available as an e-newspaper
READ NOW

Search Results

Showing 91 - 100 of 347 results for "Advice practices"

Advice firms trading at premium: Broker

KARREN VERGARA  |  FRIDAY, 10 MAR 2023
... $1 million in fees can sell for over 3x the fee base. One of the most popular transactions in 2022 - financial advice practices that are co-located with a buyer's business - are currently valued at 2.2x-3.2x recurring revenue. The co-location of the ...

Adviser exits spur innovation: Report

ANDREW MCKEAN  |  MONDAY, 6 MAR 2023
... so many different products on the market, it's no wonder decision-making can be such a daunting task for advice practices." Meanwhile, according to user research by Investment Trends, advisers are divided on whether platforms or planning software ...

HUB24 grows FUA to $73bn

ANDREW MCKEAN  |  TUESDAY, 21 FEB 2023
... had growth from net inflows across all customer segments, including large national licenses, brokers, boutique advice practices and self-licensed advisers. The new business pipeline continued to grow, the number of advisers using the platform increased ...

Adviser pay, incentives disparity revealed

KARREN VERGARA  |  FRIDAY, 17 FEB 2023
... counterparts in smaller and regional hubs. According to consulting firm Business Health, which canvassed nearly 100 advice practices in its latest compensation survey, advisers with five or more years of experience and living in New South Wales ($153,668) ...

Managed accounts growth to continue: State Street

CASSANDRA BALDINI  |  THURSDAY, 19 JAN 2023
... rate of use increased 16% in the last year alone. She says it all comes down to the benefits being realised in advice practices, like reduced compliance burden, transparent structures, and reduced operational risks. "Outside of that, what's coming ...

Pre-retirees want, need financial advice: Fidelity

ANDREW MCKEAN  |  THURSDAY, 19 JAN 2023
... advisers is therefore to understand what risks need to be managed for pre-retiree clients and what that means for advice practices, portfolio construction frameworks and investment decisions." He said an effective plan will help pre-retirees envisage ...

HUB24 inflows slow amid challenging market dynamics

ANDREW MCKEAN  |  TUESDAY, 17 JAN 2023
... pipeline of opportunities across all customer segments including, large national licensees, brokers, boutique advice practices and self-licensed advisers. Platform funds under administration (FUA) were $55.8 billion as at 31 December 2022, up by $5.8 ...

North adds new managed portfolio capability

CASSANDRA BALDINI  |  FRIDAY, 2 DEC 2022
... new managed portfolio offering, Buy, Badge, Build, for advisers and their clients. Buy, Badge, Build will allow advice practices to choose from North's menu and customise their own branded managed portfolios. North explained its scale assists advisers ...

Advice technologies seeing adoption boom

CASSANDRA BALDINI  |  WEDNESDAY, 28 SEP 2022
... two years. Further, over a quarter of firms believe it's a technology that will have the greatest impact on advice practices in the next five years. The report concluded with off-platform asset management and said its usage to manage non-custodial ...

Advisers given access to wellbeing service

JAMIE WILLIAMSON  |  WEDNESDAY, 28 SEP 2022
MLC Life is rolling out its Vivo health and wellness service to the financial advice practices it partners with. The insurer said making the service available to financial advisers and their staff for free will help ease the high levels of stress in ...